The market is dominated by foreign suppliers, as imports account for 84.5% of total market size in 2023. B2B drives market demand, with B2B spending representing 100% of total demand in 2023. Italy has the fourth largest market size for basic chemicals regionally, with demand reaching USD24.9 billion in 2023. Solvay SA is the largest company in Italy, generating 3.9% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 9.3% of total production value in 2023. The total number of companies decreases in 2023, to 1,306 units. The costs of the industry decrease by 12.4% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 5.4% of production value in 2023, the 18th highest regionally. The industry’s exports share decreases in 2023 to 64.8% of total production output. With production value of USD9.8 billion, Italy accounts for 3.5% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Basic Chemicals in Italy: ISIC 2411. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Basic Chemicals in Italy: ISIC 2411 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.
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