Italy - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jul 15, 2024

Italy - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Maize (Green) Price in Italy - 2024

Contents:

  1. Maize (Green) Price in Italy (FOB) - 2024
  2. Maize (Green) Price in Italy (CIF) - 2024
  3. Maize (Green) Exports in Italy
  4. Maize (Green) Imports in Italy

Maize (Green) Price in Italy (FOB) - 2024

In January 2024, the average maize (green) export price amounted to $2,869 per ton, with a decrease of -5.4% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in June 2023 when the average export price increased by 11% m-o-m. The export price peaked at $3,167 per ton in September 2023; however, from October 2023 to January 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Belgium ($3,542 per ton), while the average price for exports to France ($1,790 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Maize (Green) Price in Italy (CIF) - 2024

In January 2024, the average maize (green) import price amounted to $2,255 per ton, increasing by 9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 21% against the previous month. Over the period under review, average import prices hit record highs at $2,513 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($7,843 per ton), while the price for Algeria ($999 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Algeria (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Maize (Green) Exports in Italy

In 2022, shipments abroad of maize (green) decreased by -3.8% to 184K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of 2.8%. As a result, the exports attained the peak of 196K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, maize (green) exports declined modestly to $485M in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, the exports reached the peak of $488M, leveling off in the following year.

Export of Maize (Green) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1391451651604.8%
France43.742.543.547.32.7%
Netherlands29.637.342.342.412.7%
United Kingdom33.234.141.141.37.5%
Poland23.424.529.428.66.9%
Switzerland25.924.429.626.40.6%
Austria22.419.423.025.74.7%
Belgium19.720.822.721.73.3%
Sweden13.612.614.313.3-0.7%
Slovenia6.55.67.17.86.3%
Denmark7.36.87.27.61.4%
Spain6.15.95.76.41.6%
Others53.353.857.257.02.3%
Total4244324884854.6%

Top Export Markets for Maize (Green) from Italy in 2022:

  1. Germany (54.4K tons)
  2. France (29.6K tons)
  3. United Kingdom (16.4K tons)
  4. Netherlands (12.9K tons)
  5. Poland (11.0K tons)
  6. Switzerland (10.2K tons)
  7. Austria (8.2K tons)
  8. Sweden (6.1K tons)
  9. Belgium (5.8K tons)
  10. Slovenia (3.4K tons)
  11. Spain (3.4K tons)
  12. Denmark (3.1K tons)

Maize (Green) Imports in Italy

In 2022, approx. 25K tons of maize (green) were imported into Italy; jumping by 44% on the previous year's figure. Over the period under review, total imports indicated a slight increase from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, maize (green) imports skyrocketed to $54M in 2022. In general, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Maize (Green) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11.76.67.817.013.3%
France7.04.05.09.811.9%
Netherlands5.63.85.19.318.4%
Germany1.21.50.92.426.0%
Austria0.60.80.82.356.5%
Belgium0.60.30.62.356.5%
Bangladesh1.00.71.41.39.1%
Algeria2.61.71.81.3-20.6%
Poland0.90.50.51.16.9%
Honduras3.10.81.00.6-42.2%
Sri Lanka0.70.50.70.6-5.0%
Others5.33.94.45.61.9%
Total40.325.029.953.610.0%

Top Suppliers of Maize (Green) to Italy in 2022:

  1. Spain (10.5K tons)
  2. France (3.4K tons)
  3. Netherlands (2.5K tons)
  4. Algeria (2.4K tons)
  5. Austria (1.0K tons)
  6. Germany (0.9K tons)
  7. Belgium (0.9K tons)
  8. Poland (0.8K tons)
  9. Bangladesh (0.4K tons)
  10. Sri Lanka (0.3K tons)
  11. Honduras (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the maize (green) market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 446 - Green Corn (Maize)

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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