Italy - Chestnut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChestnut Price in Italy - 2023
Contents:
- Chestnut Price in Italy (FOB) - 2023
- Chestnut Price in Italy (CIF) - 2023
- Chestnut Exports in Italy
- Chestnut Imports in Italy
Chestnut Price in Italy (FOB) - 2023
In October 2023, the average chestnut export price amounted to $6,511 per ton, reducing by -7% against the previous month. In general, the export price, however, enjoyed a moderate expansion. The growth pace was the most rapid in February 2023 when the average export price increased by 45% against the previous month. The export price peaked at $9,786 per ton in August 2023; however, from September 2023 to October 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In October 2023, the highest price was recorded for prices to Canada ($6,953 per ton) and Switzerland ($6,798 per ton), while the average price for exports to the UK ($4,995 per ton) and the United States ($6,281 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Chestnut Price in Italy (CIF) - 2023
In October 2023, the average chestnut import price amounted to $1,969 per ton, which is down by -48.7% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 128% against the previous month. As a result, import price reached the peak level of $4,975 per ton. From May 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Georgia ($2,781 per ton), while the price for North Macedonia ($1,589 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Albania (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Chestnut Exports in Italy
In 2022, approx. 12K tons of chestnuts were exported from Italy; increasing by 4.4% on the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 14K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, chestnut exports contracted to $59M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 17%. As a result, the exports reached the peak of $68M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Chestnut in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.5 | 17.9 | 16.9 | 14.0 | -3.3% |
| Switzerland | 12.9 | 13.6 | 15.0 | 13.2 | 0.8% |
| Austria | 8.2 | 10.6 | 10.8 | 7.9 | -1.2% |
| United States | 6.5 | 6.1 | 6.2 | 5.4 | -6.0% |
| France | 4.5 | 7.2 | 5.2 | 4.4 | -0.7% |
| Canada | 3.0 | 4.6 | 3.5 | 3.2 | 2.2% |
| United Kingdom | 2.3 | 2.1 | 2.1 | 2.6 | 4.2% |
| Spain | 0.8 | 1.5 | 0.4 | 2.5 | 46.2% |
| Portugal | 0.2 | 0.6 | 0.3 | 1.5 | 95.7% |
| Croatia | 1.4 | 0.6 | 1.0 | 1.2 | -5.0% |
| Slovenia | 1.2 | 1.0 | 1.0 | 0.7 | -16.4% |
| Others | 1.7 | 2.4 | 2.7 | 2.8 | 18.1% |
| Total | 58.3 | 68.0 | 65.1 | 59.5 | 0.7% |
Top Export Markets for Chestnut from Italy in 2022:
- Germany (2.9K tons)
- Switzerland (2.4K tons)
- Austria (1.5K tons)
- France (1.1K tons)
- United States (1.0K tons)
- United Kingdom (0.7K tons)
- Spain (0.6K tons)
- Canada (0.5K tons)
- Portugal (0.4K tons)
- Croatia (0.4K tons)
- Slovenia (0.2K tons)
Chestnut Imports in Italy
For the third consecutive year, Italy recorded decline in purchases abroad of chestnuts, which decreased by -13.3% to 18K tons in 2022. In general, imports recorded a dramatic decrease.
In value terms, chestnut imports contracted significantly to $50M in 2022. Over the period under review, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2% against the previous year.
| Import of Chestnut in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 31.4 | 19.1 | 30.2 | 25.7 | -6.5% |
| Spain | 22.4 | 9.8 | 6.8 | 7.6 | -30.3% |
| Greece | 13.8 | 13.3 | 12.5 | 7.2 | -19.5% |
| Portugal | 18.2 | 9.7 | 7.7 | 3.9 | -40.2% |
| Chile | 3.4 | 3.2 | 4.4 | 3.5 | 1.0% |
| Albania | 2.1 | 1.5 | 1.0 | 0.5 | -38.0% |
| Bulgaria | 2.9 | 3.0 | 2.6 | 0.1 | -67.5% |
| Others | 5.2 | 7.3 | 3.1 | 1.4 | -35.4% |
| Total | 99.3 | 66.9 | 68.3 | 50.0 | -20.4% |
Top Suppliers of Chestnut to Italy in 2022:
- Turkey (8.8K tons)
- Greece (3.4K tons)
- Spain (2.1K tons)
- Chile (1.7K tons)
- Portugal (1.2K tons)
- Albania (0.2K tons)
This report provides an in-depth analysis of the chestnut 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 220 - Chestnuts
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
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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
- 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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The exports of Chestnuts reached a peak of 14K tons in 2020. Unfortunately, in the following years from 2021 to 2023, the exports failed to pick up momentum, resulting in a total value of $62M in 2023.
464
In January 2023, the chestnut price amounted to $2,721 per ton (CIF, Italy), shrinking by -5.3% against the previous month.
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In January 2023, the walnut price fell to $2,168 per ton (CIF, Italy), a decrease of 10% from the previous month.
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China remains an unrivaled leader in global chestnut consumption with a share of 81% of the total market. Chestnuts are widely used there in cooking, roasted with sugar, or for processing. The vast majority of chestnuts in China are produced domestically. Italy acts as the major importer of chestnuts worldwide, while Turkey, Portugal and France feature the highest pace of import growth.
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Global chestnut consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global chestnut exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the country with the largest volume of the chestnut output was China (X thousand tons), accounting for X% of global production.
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China dominates in the global chestnut trade. In 2014, China exported X thousand tons of chestnut totaling X million USD, X% under the previous year. Its primary trading partner was Thailand, where it supplied X% of its total chestnut exports in v
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