Price for Wilkings and Smilar Citrus Hybrid in Italy - 2023

Contents:

  1. Price for Wilkings and Smilar Citrus Hybrid in Italy (CIF) - 2023
  2. Price for Wilkings and Smilar Citrus Hybrid in Italy (FOB) - 2022
  3. Imports of Wilkings and Smilar Citrus Hybrid in Italy
  4. Exports of Wilkings and Smilar Citrus Hybrid in Italy

Price for Wilkings and Smilar Citrus Hybrid in Italy (CIF) - 2023

In May 2023, the average import price for fruit, edible amounted to $2,290 per ton, jumping by 16% against the previous month. Over the period under review, the import price recorded perceptible growth. The pace of growth appeared the most rapid in August 2022 an increase of 246% against the previous month. Over the period under review, average import prices reached the maximum in May 2023.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was France ($2,705 per ton), while the price for Spain ($1,589 per ton) was amongst the lowest.

From June 2022 to May 2023, the most notable rate of growth in terms of prices was attained by South Africa (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wilkings and Smilar Citrus Hybrid in Italy (FOB) - 2022

In 2022, the average export price for fruit, edible amounted to $1,739 per ton, waning by -6.2% against the previous year. Overall, export price indicated a buoyant increase from 2017 to 2022: its price increased at an average annual rate of +10.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wilkings and smilar citrus hybrid export price increased by +19.6% against 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices reached the maximum at $1,853 per ton in 2021, and then reduced in the following year.

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 Greece amounted to +26.0% per year.

Imports of Wilkings and Smilar Citrus Hybrid in Italy

In 2022, after three years of growth, there was significant decline in supplies from abroad of fruit, edible, when their volume decreased by -13.7% to 2.8K tons. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of 3.3K tons, and then reduced in the following year.

In value terms, wilkings and smilar citrus hybrid imports declined notably to $3.6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. As a result, imports reached the peak of $5.2M, and then shrank dramatically in the following year.

Import of Wilkings and Smilar Citrus Hybrid in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A3.60%
Spain2.83.44.9N/A32.3%
Others0.20.10.3N/A22.5%
Total2.93.55.23.67.5%

Top Suppliers of Wilkings and Smilar Citrus Hybrid to Italy in 2022:

  1. Turkey (2.8K tons)

Exports of Wilkings and Smilar Citrus Hybrid in Italy

In 2022, the amount of fruit, edible exported from Italy shrank rapidly to 1.6K tons, dropping by -34.4% on the previous year's figure. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 4.9% against the previous year.

In value terms, wilkings and smilar citrus hybrid exports contracted significantly to $2.7M in 2022. In general, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, the exports attained the peak of $4.5M, and then reduced dramatically in the following year.

Export of Wilkings and Smilar Citrus Hybrid in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland4163394582,74287.5%
Bulgaria50.0N/A3.8N/A-72.4%
Croatia28533.311.8N/A-79.7%
Germany7216321,059N/A21.2%
Latvia998876586N/A-23.4%
Lithuania3334601,590N/A118.5%
UkraineN/A38511.3N/A-97.1%
Others489506734N/A22.5%
Total3,2933,2314,4552,742-5.9%

Top Export Markets for Wilkings and Smilar Citrus Hybrid from Italy in 2022:

  1. Switzerland (1.6K tons)

Source: IndexBox Market Intelligence Platform

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