Packaging sector: first projections for 2024
After 2023, which saw the Italian packaging sector close with a decidedly negative balance for all trends, 2024 should close with different trends, resolving the situation.
On the basis of the first seven months of 2024, projecting data to the end of the year, the sector in Italy should show a recovering production. The increase should be +2.5%, taking production above 17,500,000.
This growth would derive first and foremost from a recovery in the food and beverages sector, which should record around +1%, but exports are also supporting the trend reversal. In addition, a physiological rebound is also expected, given the -4.6% recorded in 2023. Exports should close with a +2.5%, arriving at around 2,730 t/000, while imports should confirm a negative trend, falling by 1.5% to close at around 2.750 t/000.
The trade balance therefore remains negative, but is up by 23% compared to 2023, standing at a value of -28,000 tonnes. The sectors sustaining packaging production will be, besides food, the cosmetics sector confirming growth also in 2024 with +7%, consumer goods which will grow by +2.3% and the pharmaceutical sector with +1.9%.
More detailed assessments will be made at the beginning of 2025, when we will have more up-to-date figures on the last few months of the year which, as we know, especially for certain types of packaging strongly linked to the Christmas period, are crucial for a definitive assessment of the current year. (Barbara Iascone, Italian Packaging Institute)
| var. % | var. % | var. % | var. % | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 21/20 | 2022 | 22/21 | 2023 | 23/22 | Prec. 2024 (1) | 24/23 | |
| Turnover (Mln euros - Estimate) | 33,256 | 35,216 | 5.90% | 40,653 | 15,40% | 38,428 | -5.50% | 39,581 | 3.00% |
| Number of employees (Estimate) | - | - | - | - | - | 108,487 | 108,487 | ||
| Number of companies (Estimate) | - | - | - | - | - | 7,205 | 7,205 | ||
| Production (t/000) | 16,854 | 18,180 | 7.90% | 17,912 | -1.50% | 17,082 | -4.60% | 17,509 | 2.50% |
| Export (t/000) | 2,864 | 3,042 | 6.20% | 2,992 | -1.60% | 2,677 | -10.50% | 2,731 | 2.00% |
| Import (t/000) | 2,172 | 2,560 | 17.90% | 2,923 | 14.20% | 2,801 | -4.20% | 2,759 | -1.50% |
| Apparent use (t/000) | 16,163 | 17,698 | 9.50% | 17,843 | 0.80% | 17,206 | -3.60% | 17,538 | 1.90% |
