Chloride oxides and hydroxides market in Italy

Earlier Report Observations

The Italian market for chloride oxides and hydroxides saw its value expand from $12.7 million in 2018 to $13.7 million in 2019, driven by a sharp increase in domestic production, which rose from $9.1 million to $13.0 million over the same period.

This growth was sharply reversed in the following years. The market size contracted dramatically to $6.2 million in 2021 and then to $2.9 million in 2022, paralleled by a decline in domestic production to $5.9 million and $2.5 million, respectively. While import values grew to $8.8 million in 2022, this was insufficient to offset the steep drop in local output.

Export activity showed considerable volatility, peaking at $8.4 million in 2022 before a sharp decline the following year, contributing to the overall market instability during the period.

Production chloride oxides and hydroxides in Italy

In value, 2017-2020, K $ US

The data reveals irregular changes, indicating a volatile market environment. Production reached its lowest point in 2018 at 9,126 thousand US dollars, with the largest decline that year of 43.6%. It then peaked in 2017, showing a 1.8-fold difference between these years. In 2019, output of chloride oxides and hydroxides in Italy was valued at 12,957 thousand US dollars, representing a 42.0% increase compared to 2018.

Annual dynamics of production in Italy in value, 2017-2020, K $ US

In kind, 2017-2020, t

There were noticeable fluctuations in market performance during the period. Production hit its lowest point in 2018 at 2,439 tonnes, with the largest decline that year of 91.3%. It then peaked in 2017, showing an 11.5-fold gap between these years. In 2019, 3,879 tonnes of chloride oxides and hydroxides were produced in Italy, marking a 59.0% year-over-year increase.

Annual dynamics of production in Italy in kind, 2017-2020, t

Exports chloride oxides and hydroxides from Italy

Exports in kind, t

Chloride oxides and hydroxides exports from Italy increased for the third consecutive year. In 2020, Italy exported 3,078 tonnes, reflecting a modest advance of 1.2% compared to 2019. Over the period from 2017 to 2020, exports grew by 26.7%, with a compound annual growth rate of 8.2%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, t

From 2017 to 2020, Switzerland, Spain, and Hungary were the primary buyers of chloride oxides and hydroxides from Italy. Switzerland accounted for 62.2% of exports in kind, Spain for 10.4%, and Hungary for 4.3%. Together, these three countries represented 76.8% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, K $ US

Italy's volume of chloride oxides and hydroxides exports increased for the second consecutive year. The minimum value was recorded in 2018 at 3,208 thousand US dollars, with the largest decline that year of 34.8%. In 2019, exports saw the largest increase of 63.7%. In 2020, export volume reached 5,323 thousand US dollars, reflecting a small increase of 1.3% compared to 2019. Over the period from 2017 to 2020, exports grew by 8.2%, with a compound annual growth rate of 2.7%.

Annual dynamics of product's exports from Italy in value, 2017-2020, K $ US

Throughout 2017 to 2020, Spain, Hungary, and Turkey formed the core of exports in value terms. Spain accounted for 29.2% of exports in value, Hungary for 13.1%, and Turkey for 9.8%. Together, these three markets represented 52.1% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports chloride oxides and hydroxides to Italy

Imports in kind, t

Chloride oxides and hydroxides volumes imported by Italy increased for the third consecutive year. In 2020, Italy imported 2,917 tonnes, showing an uptick of 19.0% year-over-year. Over the period from 2017 to 2020, imports grew by 20%, with a compound annual growth rate of 6.3%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, t

From 2017 to 2020, Germany, the United States, and Belgium continued to head the list of suppliers of chloride oxides and hydroxides to Italy. Germany accounted for 48.1% of imports in kind, the United States for 15.4%, and Belgium for 9.9%. Together, these three suppliers represented 73.4% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, K $ US

Foreign chloride oxides and hydroxides supplies to Italy declined for the third consecutive year. In 2020, imports totalled 5,787 thousand US dollars, which is 3.4% less compared to the previous year. Between 2017 and 2020, imports decreased by 21.6%, equating to an annualized rate of 7.8%.

Annual dynamics of product's imports to Italy in value, 2017-2020, K $ US

Throughout 2017 to 2020, Germany, Spain, and Belgium formed the core group of markets for imports in value terms. Germany accounted for 34.2% of imports in value, Spain for 17.3%, and Belgium for 15.3%. Together, these three markets represented 66.9% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020