Italy - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Italy - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights

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Canned Vegetable Price in Italy - 2023

Contents:

  1. Canned Vegetable Price in Italy (FOB) - 2023
  2. Canned Vegetable Price in Italy (CIF) - 2022
  3. Canned Vegetable Exports in Italy
  4. Canned Vegetable Imports in Italy

Canned Vegetable Price in Italy (FOB) - 2023

In August 2023, the average canned vegetable export price amounted to $1,441 per ton, waning by -2.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 9% month-to-month. The export price peaked at $1,482 per ton in July 2023, and then shrank in the following month.

Average prices varied somewhat for the major export markets. In August 2023, the countries with the highest prices were the United States ($1,871 per ton) and France ($1,709 per ton), while the average price for exports to the Czech Republic ($1,281 per ton) and the UK ($1,288 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Vegetable Price in Italy (CIF) - 2022

In 2022, the average canned vegetable import price amounted to $1,697 per ton, shrinking by -4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 8.8%. As a result, import price attained the peak level of $1,768 per ton, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,033 per ton), while the price for Portugal ($763 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Canned Vegetable Exports in Italy

In 2022, exports of canned vegetables from Italy expanded remarkably to 2.1M tons, picking up by 6.4% on 2021 figures. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years.

In value terms, canned vegetable exports rose notably to $2.3B in 2022. The total export value increased at an average annual rate of +9.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Canned Vegetable in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26228932739114.3%
United Kingdom3413963463632.1%
United States16218621124114.2%
France1241321431496.3%
Japan84.395.31011098.9%
Netherlands63.474.685.310618.7%
Australia78.699.691.399.98.3%
Sweden51.157.960.458.14.4%
Austria35.144.349.556.417.1%
Poland29.736.043.848.517.8%
Belgium35.339.241.444.07.6%
Canada32.240.640.440.17.6%
Denmark26.129.432.835.110.4%
Others4374435085749.5%
Total1,7611,9632,0812,3169.6%

Top Export Markets for Canned Vegetable from Italy in 2022:

  1. Germany (394.0K tons)
  2. United Kingdom (373.9K tons)
  3. United States (174.6K tons)
  4. France (113.2K tons)
  5. Netherlands (111.1K tons)
  6. Australia (100.0K tons)
  7. Japan (97.9K tons)
  8. Austria (47.3K tons)
  9. Sweden (45.9K tons)
  10. Belgium (43.3K tons)
  11. Poland (41.2K tons)
  12. Denmark (31.6K tons)
  13. Canada (27.8K tons)

Canned Vegetable Imports in Italy

In 2022, after two years of decline, there was significant growth in purchases abroad of canned vegetables, when their volume increased by 19% to 213K tons. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, canned vegetable imports reached $361M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Canned Vegetable in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain11394.61041222.6%
France55.957.054.252.9-1.8%
Greece34.738.542.043.98.2%
Germany27.323.825.127.50.2%
Hungary21.819.819.020.7-1.7%
Netherlands11.011.512.815.211.4%
Tunisia0.40.82.010.5197.2%
Morocco9.59.011.79.91.4%
Turkey3.92.03.47.926.5%
Poland3.73.94.25.514.1%
Egypt5.45.13.34.3-7.3%
Portugal3.91.32.14.11.7%
Others31.830.633.236.64.8%
Total3222983173613.9%

Top Suppliers of Canned Vegetable to Italy in 2022:

  1. Spain (66.8K tons)
  2. France (34.0K tons)
  3. Greece (24.0K tons)
  4. Hungary (16.1K tons)
  5. Germany (13.5K tons)
  6. Netherlands (8.3K tons)
  7. Morocco (7.8K tons)
  8. Turkey (7.6K tons)
  9. Tunisia (5.6K tons)
  10. Portugal (5.4K tons)
  11. Poland (3.5K tons)
  12. Egypt (3.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the canned vegetable 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 472 - Vegetables, Preserved nes (O/T vinegar)

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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