Mandarins Price in Italy - 2023
Contents:
- Mandarins Price in Italy (CIF) - 2023
- Mandarins Price in Italy (FOB) - 2022
- Mandarins Imports in Italy
- Mandarins Exports in Italy
Mandarins Price in Italy (CIF) - 2023
In July 2023, the average mandarins import price amounted to $1,458 per ton, which is down by -3.7% against the previous month. Over the period under review, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 44% m-o-m. The import price peaked at $1,839 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($2,143 per ton), while the price for the Netherlands ($676 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Peru (+48.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarins Price in Italy (FOB) - 2022
The average mandarins export price stood at $1,573 per ton in 2022, with an increase of 9.9% against the previous year. In general, export price indicated a buoyant increase from 2017 to 2022: its price increased at an average annual rate of +9.1% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mandarins export price increased by +54.4% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 19%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2017 to 2022, the rate of growth in terms of prices for Lithuania amounted to +18.8% per year.
Mandarins Imports in Italy
Mandarins imports into Italy surged to 28K tons in 2022, increasing by 87% compared with the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, mandarins imports surged to $32M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mandarins in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 0.5 | 1.6 | 2.1 | 31.9 | 299.6% |
| Spain | 9.2 | 13.8 | 8.2 | N/A | -5.6% |
| Cyprus | 0.7 | 1.2 | 0.7 | N/A | 0.0% |
| France | 3.2 | 7.3 | 5.3 | N/A | 28.7% |
| Israel | 5.6 | 4.3 | 3.1 | N/A | -25.6% |
| Turkey | N/A | 2.0 | 0.1 | N/A | -95.0% |
| Others | 2.4 | 1.5 | 1.7 | N/A | -15.8% |
| Total | 21.5 | 31.7 | 21.3 | 31.9 | 14.1% |
Top Suppliers of Mandarins to Italy in 2022:
- South Africa (27.9K tons)
Mandarins Exports in Italy
For the third consecutive year, Italy recorded decline in overseas shipments of fruit, edible, which decreased by -25.7% to 5.9K tons in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of -19% was in 2020.
In value terms, mandarins exports shrank dramatically to $9.4M in 2022. In general, exports showed a abrupt shrinkage. The smallest decline of -7.6% was in 2020.
| Export of Mandarins in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.5 | 1.1 | 1.7 | 9.4 | 55.5% |
| Albania | 0.3 | 0.3 | N/A | N/A | 0.0% |
| Slovakia | 0.8 | 0.4 | 0.4 | N/A | -29.3% |
| Germany | 1.6 | 0.9 | 1.2 | N/A | -13.4% |
| Latvia | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Slovenia | 0.4 | 0.3 | 0.2 | N/A | -29.3% |
| France | 2.3 | 1.7 | 1.5 | N/A | -19.2% |
| Lithuania | 2.7 | 1.2 | 0.6 | N/A | -52.9% |
| Poland | N/A | 3.3 | 2.5 | N/A | -24.2% |
| Belarus | 0.9 | N/A | N/A | N/A | 0% |
| Ukraine | N/A | 2.0 | 1.4 | N/A | -30.0% |
| Others | 1.8 | 1.2 | 1.8 | N/A | 0.0% |
| Total | 13.7 | 12.7 | 11.5 | 9.4 | -11.8% |
Top Export Markets for Mandarins from Italy in 2022:
- Switzerland (5.9K tons)
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