High-tenacity synthetic filament yarn market in Italy

Earlier Report Observations

From 2018 to 2020, the market volume for high-tenacity synthetic filament yarn in Italy grew from 31 376 t to 44 186 t. This expansion was driven by continuous innovation from Italian manufacturers such as Fulgar, which invested in technology to enhance yarn lightness and durability. In 2020, the COVID-19 pandemic stimulated interest in circular economy models, leading to increased investment in synthetic fiber recycling, which helped sustain market volume despite economic disruptions.

After peaking in 2020, the market volume contracted to 29 069 t in 2021 and continued to decline, reaching 20 713 t in 2023. In 2022, the European Commission announced measures to address microplastic emissions from synthetic fibers, introducing new ecodesign and labeling requirements that increased regulatory pressure on producers. Concurrently, demand for yarn in technical applications rose, partially mitigating the downturn. By 2024, the market stabilized at 21 103 t, showing a modest recovery after several years of contraction.

Production high-tenacity synthetic filament yarn in Italy

In value, 2017-2020, M $ US

Italy's production of high-tenacity synthetic filament yarn increased for the second consecutive year. In 2020, output was valued at 248.4 million US dollars, remaining nearly unchanged compared to 2019. Between 2018 and 2020, production grew by 34.3%, which translates to an annualized rate of 10.3%.

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

In kind, 2017-2020, t

Italy's production volume of high-tenacity synthetic filament yarn rose for the second year in a row. In 2020, Italy produced 38 129 tonnes, marking a sharp increase of 30.9% from 2019. From 2018 to 2020, production surged by 72.6%, equivalent to an annualized growth rate of 20.0%.

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

Exports high-tenacity synthetic filament yarn from Italy

Exports in kind, t

Italy's exports of high-tenacity synthetic filament yarn declined for the third consecutive year. In 2020, exports totaled 2 565 tonnes, representing a 22.0% reduction compared to 2019. Between 2017 and 2020, exports fell by 51.4%, with an annualized decrease of 21.4%.

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

From 2017 to 2020, Germany, France, and Turkey were the primary destinations for Italy's exports in kind. Germany accounted for 42.0% of exports, France for 11.2%, and Turkey for 6.8%. Together, these three countries made up 59.9% of total export flows.

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, M $ US

Italy's cross-border shipments of high-tenacity synthetic filament yarn in value terms declined for the second consecutive year. In 2020, exports amounted to 25.8 million US dollars, showing an abrupt decrease of 28.0% from 2019. Over the period from 2017 to 2020, exports decreased by 38.8%, with a compound annual growth rate (CAGR) of -15.1%. The peak value was recorded in 2018 at 46.6 million US dollars, with the largest increase of 10.8% also occurring in that year.

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

Between 2017 and 2020, Germany, the United Kingdom, and France were the main destinations for Italy's exports in value terms. Germany held a 28.6% share, the United Kingdom 13.6%, and France 9.7%. Collectively, these three countries accounted for 51.9% 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 high-tenacity synthetic filament yarn to Italy

Imports in kind, t

Italy's import volume of high-tenacity synthetic filament yarn fell for the second consecutive year. In 2020, Italy imported 9 200 tonnes, down by 28.4% from 2019. Between 2017 and 2020, imports decreased by 32.4%, equating to an annualized rate of -12.2%. The highest volume was recorded in 2018 at 13 753 tonnes, with the largest increase of 7.9% also in 2018.

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

From 2017 to 2020, Turkey, the Netherlands, and Germany consistently led as the top sources for Italy's imports in kind. Turkey accounted for 24.1% of imports, the Netherlands for 17.8%, and Germany for 15.7%. Together, these three countries represented 57.7% of total import flows.

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, M $ US

Italy's imports of high-tenacity synthetic filament yarn in value terms declined for the second year in a row. In 2020, imports totaled 95.6 million US dollars, marking a robust contraction of 25.0% year-over-year. Over the period from 2017 to 2020, imports decreased by 23.8%, with a CAGR of -8.7%. The maximum value was recorded in 2018 at 141.8 million US dollars, with the largest increase of 13.0% also in 2018.

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

Between 2017 and 2020, the Netherlands, Belgium, and Turkey remained the principal suppliers of high-tenacity synthetic filament yarn to Italy in value terms. The Netherlands accounted for 37.1% of imports, Belgium for 14.8%, and Turkey for 10.6%. Collectively, these three countries made up 62.4% of total imports in value terms.

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

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