Vulcanised rubber plates, sheets, strip, rods and profiles market in Italy

Earlier Report Observations

From 2018 to 2020, the Italian market for vulcanised rubber plates, sheets, strip, rods and profiles was shaped by regulatory shifts, notably ARERA's introduction of new tariff rules and transparency requirements for waste management in 2019. This contributed to market consolidation and coincided with a drop in market volume to 77.7 K t. However, in 2020, the development of devulcanisation technology by Rubber Conversion, a new specialised company in Verona, increased the production of recycled rubber, fueling a sharp market volume rebound to 115.2 K t.

Following the 2020 peak, market volume fell to 74.0 K t in 2021, while key player LGg strengthened its position by joining the Marangoni group, a global leader in retreaded tyres. By 2022, growth in the vulcanised rubber recycling sector, driven by ARERA's continued regulatory focus on sustainability and transparency, led to a market volume recovery to 97.0 K t.

In 2023, increasing attention to ESG criteria and the adoption of EU Directive 2023/970 on pay transparency affected corporate governance in the sector, coinciding with further market volume growth to 105.4 K t. By 2024, market volume declined to 84.8 K t, although recycling innovations continued, with companies like Rubber Conversion reinforcing their leadership through devulcanisation technologies and circular economy models.

Production vulcanised rubber plates, sheets, strip, rods and profiles in Italy

In value, 2017-2020, M $ US

Italy's production of vulcanised rubber plates, sheets, strip, rods and profiles increased for the second consecutive year. In 2020, output was valued at 485.4 million US dollars, marking a 25.0% year-over-year uptick. Between 2017 and 2020, production grew by 6.1%, equating to an annualized rate of 2.0%. The lowest value was recorded in 2018 at 336.0 million US dollars, which also saw the largest decline of 26.6%.

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

In kind, 2017-2020, K t

Following a two-year decline, Italy's production volume of vulcanised rubber plates, sheets, strip, rods and profiles rebounded. In 2020, 125.7 thousand tonnes were produced, indicating a steep rise of 35.6% compared to the previous year. Over the 2017-2020 period, production increased by 18.2%, with a compound annual growth rate (CAGR) of 5.7%. The lowest volume was recorded in 2019 at 92.7 thousand tonnes, which also experienced the largest decline of 9.6%.

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

Exports vulcanised rubber plates, sheets, strip, rods and profiles from Italy

Exports in kind, t

In 2020, Italy's export volume of vulcanised rubber plates, sheets, strip, rods and profiles registered 33 747 tonnes, marking a solid drop of 16.6% year-over-year. Over the 2017-2020 period, exports decreased by 20.2%, with a compound annual growth rate (CAGR) of -7.2%. The largest increase was recorded in 2019 at 0.4%.

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

From 2017 to 2020, vulcanised rubber plates, sheets, strip, rods and profiles from Italy were traded with numerous countries. Even the largest destinations—Germany, Canada, and Poland—together represented only 29.1% 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, M $ US

Italy's exports of vulcanised rubber plates, sheets, strip, rods and profiles declined for the third consecutive year. In 2020, exports totalled 200.8 million US dollars, indicating a strong decline of 11.7% compared to the previous year. Over the 2017-2020 period, exports decreased by 15.3%, with a compound annual growth rate (CAGR) of -5.4%.

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

From 2017 to 2020, the partner portfolio for exports in value terms of vulcanised rubber plates, sheets, strip, rods and profiles from Italy was quite broad. Germany (15.5% of exports in value terms), France (9.2%), and Belgium (7.8%) together represented only 32.5% of total 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 vulcanised rubber plates, sheets, strip, rods and profiles to Italy

Imports in kind, t

Italy's imports of vulcanised rubber plates, sheets, strip, rods and profiles declined for the third consecutive year. In 2020, imports were recorded at 23 216 tonnes, which is 8.9% lower compared to 2019. Over the 2017-2020 period, imports decreased by 20.8%, with a compound annual growth rate (CAGR) of -7.5%.

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

From 2017 to 2020, the country breakdown of imports in kind was scattered. China (21.2% of imports in kind), Germany (19.4%), and Poland (8.7%) together accounted for just 49.3% of total flows, with no partner standing out as clearly dominant.

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 vulcanised rubber plates, sheets, strip, rods and profiles declined for the second consecutive year. In 2020, imports totalled 106.3 million US dollars, showing a limited decrease of 9.4% compared with 2019. Over the 2017-2020 period, imports decreased by 22.7%, with a compound annual growth rate (CAGR) of -8.2%. The highest value was recorded in 2018 at 138.0 million US dollars, which also saw the largest increase of 0.3%. The largest decline occurred in 2019 at 15.0%.

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

The analysis of imports in value terms from 2017 to 2020 shows a broad distribution across many markets. Germany (20.5% of imports in value terms), France (10.1%), and Poland (9.6%) together accounted for only 40.1% of total flows, with a significant 59.9% falling on other partners.

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

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