Italy - Vegetable Puree - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVegetable Puree Price in Italy - 2023
Contents:
- Vegetable Puree Price in Italy (FOB) - 2023
- Vegetable Puree Price in Italy (CIF) - 2023
- Vegetable Puree Exports in Italy
- Vegetable Puree Imports in Italy
Vegetable Puree Price in Italy (FOB) - 2023
The average vegetable puree export price stood at $2,278 per ton in July 2023, rising by 5.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 19% m-o-m. The export price peaked in July 2023.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the Czech Republic ($3,546 per ton), while the average price for exports to the United Arab Emirates ($952 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Puree Price in Italy (CIF) - 2023
In July 2023, the average vegetable puree import price amounted to $2,126 per ton, rising by 24% against the previous month. In general, the import price continues to indicate a tangible expansion. The pace of growth was the most pronounced in December 2022 when the average import price increased by 212% against the previous month. Over the period under review, average import prices reached the maximum at $3,662 per ton in February 2023; however, from March 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 Germany ($7,189 per ton), while the price for Chile ($858 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 Spain (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Puree Exports in Italy
In 2022, after three years of growth, there was decline in shipments abroad of vegetable puree, when their volume decreased by -0.7% to 12K tons. The total export volume increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year.
In value terms, vegetable puree exports declined to $23M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports reached the peak of $24M, and then reduced in the following year.
Export of Vegetable Puree in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 10.8 | 10.2 | 11.8 | 12.3 | 4.4% |
United Kingdom | 1.8 | 3.5 | 4.4 | 3.5 | 24.8% |
Czech Republic | 0.7 | 0.8 | 0.9 | 0.9 | 8.7% |
United States | 0.8 | 1.0 | 0.8 | 0.7 | -4.4% |
Australia | 0.3 | 0.6 | 0.8 | 0.7 | 32.6% |
Canada | 1.4 | 1.0 | 0.7 | 0.6 | -24.6% |
Belgium | 0.2 | 0.1 | 0.4 | 0.6 | 44.2% |
Poland | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
Libya | N/A | N/A | N/A | 0.2 | 0% |
Japan | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
Angola | 0.2 | 0.1 | 0.3 | N/A | 22.5% |
Others | 2.2 | 2.2 | 3.5 | 2.5 | 4.4% |
Total | 18.7 | 19.9 | 24.2 | 22.6 | 6.5% |
Top Export Markets for Vegetable Puree from Italy in 2022:
- Angola (undefinedK tons)
- Spain (5.2K tons)
- United Kingdom (3.9K tons)
- Australia (0.5K tons)
- Czech Republic (0.3K tons)
- Libya (0.3K tons)
- Canada (0.2K tons)
- United States (0.2K tons)
- Poland (0.2K tons)
- Belgium (0.2K tons)
- Japan (0.1K tons)
Vegetable Puree Imports in Italy
In 2022, approx. 1.6K tons of vegetable puree were imported into Italy; surging by 7% compared with 2021 figures. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, vegetable puree imports fell to $3.5M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of $3.8M, and then shrank in the following year.
Import of Vegetable Puree in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,586 | 1,472 | 2,067 | 1,652 | 1.4% |
Germany | 777 | 651 | 841 | 809 | 1.4% |
Chile | 506 | 521 | 494 | 441 | -4.5% |
Spain | 7.2 | 3.0 | 52.9 | 286 | 241.2% |
Romania | 83.1 | 89.9 | 79.0 | 62.2 | -9.2% |
Others | 220 | 287 | 253 | 202 | -2.8% |
Total | 3,179 | 3,024 | 3,787 | 3,451 | 2.8% |
Top Suppliers of Vegetable Puree to Italy in 2022:
- France (729.5 tons)
- Chile (598.8 tons)
- Germany (155.3 tons)
- Spain (33.1 tons)
- Romania (18.9 tons)
This report provides an in-depth analysis of the vegetable puree 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 476 - Homogenized Vegetable Preparations
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the vegetable puree price amounted to $2,024 per ton (FOB, Italy), picking up by 3.2% against the previous month.
In January 2023, the price of canned vegetables was $1,350 per ton (FOB - Free On Board, Italy), which is roughly the same as the previous month.
The import of Potato Chips experienced a decline in growth from November 2022 to July 2023. In terms of value, imports of potato chips sharply reduced to $6.3M in July 2023.
During the review period, imports of Olives reached all-time highs in 2023 and are projected to continue growing in the coming years. The value of preserved olive imports surged to $175M in 2023.
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
In February 2023, the vegetable puree price amounted to $2,024 per ton (FOB, Italy), picking up by 3.2% against the previous month.
In January 2023, the price of canned vegetables was $1,350 per ton (FOB - Free On Board, Italy), which is roughly the same as the previous month.
The import of Potato Chips experienced a decline in growth from November 2022 to July 2023. In terms of value, imports of potato chips sharply reduced to $6.3M in July 2023.