Italy - Apricots - Market Analysis, Forecast, Size, Trends and Insights
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View PricingApricot Price in Italy - 2023
Contents:
- Apricot Price in Italy (FOB) - 2022
- Apricot Price in Italy (CIF) - 2023
- Apricot Exports in Italy
- Apricot Imports in Italy
Apricot Price in Italy (FOB) - 2022
In 2022, the average apricot export price amounted to $1,736 per ton, falling by -20.2% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,346 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($2,712 per ton), while the average price for exports to Romania ($1,074 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 Hungary (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Apricot Price in Italy (CIF) - 2023
The average apricot import price stood at $1,694 per ton in June 2023, declining by -24.3% against the previous month. Over the period under review, the import price, however, posted a mild increase. The most prominent rate of growth was recorded in November 2022 an increase of 632% against the previous month. As a result, import price attained the peak level of $7,468 per ton. From December 2022 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($1,940 per ton), while the price for France ($1,007 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 Spain (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Apricot Exports in Italy
Apricot exports from Italy skyrocketed to 50K tons in 2022, growing by 58% against the previous year's figure. Overall, exports showed a modest increase. The pace of growth appeared the most rapid in 2021 when exports increased by 81%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, apricot exports surged to $87M in 2022. In general, exports recorded buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 90%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Apricot in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.3 | 15.7 | 30.6 | 43.2 | 12.6% |
| Austria | 7.8 | 8.1 | 11.1 | 11.1 | 12.5% |
| Czech Republic | 8.8 | 1.7 | 3.3 | 5.5 | -14.5% |
| Switzerland | 2.1 | 2.3 | 6.3 | 4.2 | 26.0% |
| Poland | 2.7 | 0.7 | 2.5 | 3.5 | 9.0% |
| France | 0.9 | 1.0 | 2.4 | 2.7 | 44.2% |
| United Kingdom | 1.0 | 0.3 | 0.6 | 2.2 | 30.1% |
| Slovenia | 1.7 | 1.4 | 2.5 | 2.2 | 9.0% |
| Croatia | 1.6 | 1.0 | 2.1 | 2.0 | 7.7% |
| Spain | 0.2 | 0.1 | 0.3 | 1.5 | 95.7% |
| Slovakia | 1.7 | 0.5 | 0.6 | 1.3 | -8.6% |
| Others | 5.7 | 3.2 | 6.5 | 7.4 | 9.1% |
| Total | 64.6 | 36.1 | 68.7 | 86.8 | 10.3% |
Top Export Markets for Apricot from Italy in 2022:
- Germany (23.6K tons)
- Austria (6.5K tons)
- Czech Republic (3.6K tons)
- Poland (2.3K tons)
- France (2.3K tons)
- Slovenia (1.5K tons)
- Switzerland (1.5K tons)
- Croatia (1.4K tons)
- Spain (1.1K tons)
- United Kingdom (1.0K tons)
- Slovakia (0.8K tons)
Apricot Imports in Italy
In 2022, overseas purchases of apricots decreased by -28.8% to 9.5K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports reached the peak of 17K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, apricot imports reduced dramatically to $14M in 2022. In general, imports showed a perceptible downturn. The pace of growth was the most pronounced in 2020 when imports increased by 54%. As a result, imports attained the peak of $25M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Apricot in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 12.3 | 18.3 | 16.0 | 11.6 | -1.9% |
| France | 2.3 | 2.8 | 2.5 | 1.7 | -9.6% |
| Austria | 0.2 | 0.3 | 0.8 | 0.4 | 26.0% |
| Greece | 0.3 | 1.3 | 0.1 | 0.3 | 0.0% |
| Germany | 0.7 | 1.2 | 1.0 | 0.1 | -47.7% |
| Others | 0.2 | 0.7 | 0.6 | 0.3 | 14.5% |
| Total | 16.0 | 24.6 | 21.0 | 14.4 | -3.5% |
Top Suppliers of Apricot to Italy in 2022:
- Germany (undefinedK tons)
- Spain (6.8K tons)
- France (2.0K tons)
- Greece (0.3K tons)
- Austria (0.2K tons)
This report provides an in-depth analysis of the apricot 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 526 - Apricots
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.
-
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
-
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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