Carboxylic Acid Market Overview in Italy
In value terms, carboxylic acid production skyrocketed to $ in estimated in export prices. Over the period under review, production saw a measured increase. The growth pace was the most rapid in 2011 with an increase of % year-to-year. Carboxylic acid production peaked at $ in 2013; however, from 2014 to , production failed to regain the momentum.
The size of the carboxylic acid market in Italy surged to $ in , picking up 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). In general, consumption recorded a significant increase. The growth pace was the most rapid in 2008 when the market value increased by % year-to-year. Carboxylic acid consumption peaked in and is expected to retain growth in the near future.