Alcohols Market Overview in Italy
In value terms, alcohols production expanded sharply to $ in 2019 estimated in export prices. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2014 to 2019, production growth remained at a lower figure.
The value of the alcohols market in Italy dropped dramatically to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2010 with an increase of % year-to-year. Alcohols consumption peaked at $ in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.