Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy - 2023

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy (CIF) - 2023
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy (FOB) - 2022
  3. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy
  4. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy (CIF) - 2023

In October 2023, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $1,608 per ton, declining by -20.6% against the previous month. In general, the import price, however, showed a slight increase. The pace of growth was the most pronounced in July 2023 when the average import price increased by 77% m-o-m. The import price peaked at $2,710 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From October 2022 to October 2023, the rate of growth in terms of prices for the Netherlands amounted to +1.9% per month.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy (FOB) - 2022

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $3,995 per ton in 2022, surging by 28% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($4,857 per ton), while the average price for exports to the Netherlands ($2,436 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy

In 2022, the amount of vegetables, brassica; brussel sprouts, fresh or chilleds imported into Italy rose markedly to 4.5K tons, growing by 8.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 17%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds shrank to $5.3M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 10%.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4.25.05.35.06.0%
United KingdomN/AN/AN/A0.10%
Belgium0.40.10.1N/A-50.0%
Others0.10.10.10.10.0%
Total4.75.25.55.34.1%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Italy in 2022:

  1. Netherlands (4.2K tons)
  2. United Kingdom (0.2K tons)
  3. Belgium (0.1K tons)

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy

In 2022, shipments abroad of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -5.3% to 427 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 65%. As a result, the exports reached the peak of 451 tons, and then dropped in the following year.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds soared to $1.7M in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 94% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria16287.432562356.7%
Germany45.1109532486120.9%
Slovenia13112720618111.4%
Croatia182173121141-8.2%
France41.336.154.061.013.9%
Switzerland94.611669.358.5-14.8%
Malta52.518.428.843.6-6.0%
Netherlands1.20.90.738.5217.8%
Others47.559.469.474.816.3%
Total7577271,4071,70831.2%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Italy in 2022:

  1. Germany (149.4 tons)
  2. Austria (130.3 tons)
  3. Slovenia (46.5 tons)
  4. Croatia (30.1 tons)
  5. Netherlands (15.8 tons)
  6. Switzerland (12.9 tons)
  7. France (12.6 tons)
  8. Malta (10.1 tons)

Source: IndexBox Market Intelligence Platform

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