Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Italy - 2023

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy (CIF) - 2023
  2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy (FOB) - 2023
  3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy
  4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy (CIF) - 2023

In October 2023, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $8,836 per ton, shrinking by -33.8% against the previous month. In general, the import price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 78% m-o-m. The import price peaked at $18,646 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($28,819 per ton), while the price for South Korea ($4,506 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy (FOB) - 2023

The average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses stood at $7,325 per ton in October 2023, which is down by -6.4% against the previous month. Overall, export price indicated a measured expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses increased by +22.6% against August 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 113% m-o-m. The export price peaked at $8,221 per ton in March 2023; however, from April 2023 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($18,009 per ton), while the average price for exports to Ukraine ($2,906 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy

In 2022, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses into Italy rose to 3.8K tons, growing by 3.1% compared with 2021 figures. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of 3.8K tons; afterwards, it flattened through to 2022.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses surged to $52M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.910.510.014.121.3%
United States3.06.36.16.730.7%
Germany4.85.97.75.33.4%
Spain1.41.62.44.143.1%
France3.95.64.93.90.0%
Canada1.1N/A0.33.749.8%
Belgium1.83.42.22.917.2%
Netherlands2.71.92.22.2-6.6%
Czech Republic0.10.30.71.6152.0%
United Kingdom1.01.10.60.1-53.6%
Others6.33.34.67.35.0%
Total34.139.941.651.915.0%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Italy in 2022:

  1. China (927.1 tons)
  2. France (486.1 tons)
  3. Germany (406.9 tons)
  4. Czech Republic (325.5 tons)
  5. United States (320.4 tons)
  6. Spain (304.2 tons)
  7. Belgium (290.3 tons)
  8. Canada (195.8 tons)
  9. Netherlands (131.3 tons)
  10. United Kingdom (22.5 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy

In 2022, the amount of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses exported from Italy expanded notably to 5.1K tons, picking up by 14% compared with 2021 figures. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses shrank to $30M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year. As a result, the exports reached the peak of $32M, and then contracted in the following year.

Export of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.41.92.94.018.6%
United Kingdom2.92.93.33.56.5%
China0.21.22.73.4157.1%
Spain1.21.92.22.731.0%
Netherlands5.13.92.21.9-28.0%
France0.91.12.11.826.0%
United States0.61.01.31.535.7%
Belgium1.50.70.91.2-7.2%
Others5.76.814.310.221.4%
Total20.521.531.930.213.8%

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Italy in 2022:

  1. United Kingdom (1507.9 tons)
  2. Germany (935.4 tons)
  3. Belgium (455.5 tons)
  4. Spain (413.9 tons)
  5. China (375.7 tons)
  6. United States (273.0 tons)
  7. France (245.3 tons)
  8. Netherlands (149.2 tons)

Source: IndexBox Market Intelligence Platform

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