Italy - Almonds - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Italy - Almonds - Market Analysis, Forecast, Size, Trends and Insights

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Almond Price in Italy - 2023

Contents:

  1. Almond Price in Italy (FOB) - 2023
  2. Almond Price in Italy (CIF) - 2023
  3. Almond Exports in Italy
  4. Almond Imports in Italy

Almond Price in Italy (FOB) - 2023

In June 2023, the average almond export price amounted to $5,495 per ton, picking up by 4.2% against the previous month. Overall, the export price, however, showed a slight slump. The pace of growth appeared the most rapid in November 2022 an increase of 25% against the previous month. The export price peaked at $7,472 per ton in December 2022; however, from January 2023 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was France ($7,691 per ton), while the average price for exports to Belgium ($4,755 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Almond Price in Italy (CIF) - 2023

The average almond import price stood at $5,216 per ton in June 2023, with an increase of 35% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 49% month-to-month. Over the period under review, average import prices hit record highs at $5,572 per ton in December 2022; however, from January 2023 to June 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($7,222 per ton), while the price for the United States ($5,041 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Almond Exports in Italy

In 2022, approx. 3.8K tons of almonds were exported from Italy; increasing by 11% against the previous year. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,145%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, almond exports expanded sharply to $26M in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,576%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Almond in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.1N/A12.815.6438.3%
France1.10.91.34.559.9%
Spain0.2N/A7.54.1173.7%
GreeceN/AN/A0.10.9800.0%
Germany0.80.20.80.3-27.9%
Netherlands0.10.10.20.10.0%
Others0.40.21.20.57.7%
Total2.61.424.026.0115.4%

Top Export Markets for Almond from Italy in 2022:

  1. Belgium (2268.6 tons)
  2. Spain (694.8 tons)
  3. France (558.1 tons)
  4. Greece (95.2 tons)
  5. Germany (75.7 tons)
  6. Netherlands (62.7 tons)

Almond Imports in Italy

In 2022, imports of almonds into Italy declined to 1.9K tons, waning by -7.1% against 2021 figures. Over the period under review, imports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 when imports increased by 8.2% against the previous year.

In value terms, almond imports dropped modestly to $8.8M in 2022. Overall, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 5.2% against the previous year.

Import of Almond in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.64.55.33.9-11.4%
Spain4.42.32.02.6-16.1%
France1.10.91.01.10.0%
BelgiumN/AN/AN/A0.70%
Germany0.20.10.10.314.5%
Moldova0.2N/AN/AN/A0%
Others0.60.80.70.2-30.7%
Total12.08.79.18.8-9.8%

Top Suppliers of Almond to Italy in 2022:

  1. United States (929.9 tons)
  2. Spain (462.2 tons)
  3. France (265.4 tons)
  4. Belgium (94.6 tons)
  5. Germany (44.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the almond 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 221 - Almonds

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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