Italy - Dry Bean - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Bean Price in Italy - 2023
Contents:
- Dry Bean Price in Italy (CIF) - 2022
- Dry Bean Price in Italy (FOB) - 2023
- Dry Bean Imports in Italy
- Dry Bean Exports in Italy
Dry Bean Price in Italy (CIF) - 2022
In 2022, the average dry bean import price amounted to $1,356 per ton, picking up by 8.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 20%. As a result, import price reached the peak level of $1,779 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 China ($2,398 per ton), while the price for Ethiopia ($988 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Bean Price in Italy (FOB) - 2023
The average dry bean export price stood at $3,615 per ton in July 2023, surging by 40% against the previous month. In general, export price indicated temperate growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, dry bean export price increased by +44.7% against April 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Germany ($6,762 per ton), while the average price for exports to Romania ($1,900 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 France (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Bean Imports in Italy
In 2022, purchases abroad of beans (dry) decreased by -8.2% to 128K tons, falling for the second year in a row after two years of growth. In general, imports recorded a mild slump. The pace of growth was the most pronounced in 2020 with an increase of 10%. As a result, imports attained the peak of 149K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dry bean imports contracted to $173M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of $179M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Dry Bean in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 35.7 | 41.9 | 44.5 | 52.3 | 13.6% |
| United States | 36.3 | 32.0 | 33.1 | 47.1 | 9.1% |
| Canada | 23.2 | 36.6 | 42.2 | 17.4 | -9.1% |
| China | 26.6 | 26.1 | 17.3 | 14.6 | -18.1% |
| Poland | 5.7 | 8.5 | 10.3 | 9.6 | 19.0% |
| Ethiopia | 0.7 | 2.7 | 4.8 | 8.3 | 128.0% |
| Ukraine | 4.1 | 5.6 | 2.4 | 6.5 | 16.6% |
| Others | 18.9 | 25.5 | 19.2 | 17.5 | -2.5% |
| Total | 151 | 179 | 174 | 173 | 4.6% |
Top Suppliers of Dry Bean to Italy in 2022:
- Argentina (41.6K tons)
- United States (35.9K tons)
- Canada (13.8K tons)
- Ethiopia (8.4K tons)
- China (6.1K tons)
- Ukraine (6.0K tons)
- Poland (5.7K tons)
Dry Bean Exports in Italy
For the third consecutive year, Italy recorded decline in overseas shipments of beans (dry), which decreased by -15.3% to 5.6K tons in 2022. In general, exports recorded a abrupt slump. The smallest decline of -1.8% was in 2021.
In value terms, dry bean exports contracted to $13M in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of $15M, and then declined in the following year.
| Export of Dry Bean in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 985 | 1,022 | 1,928 | 2,132 | 29.4% |
| Slovenia | 947 | 1,435 | 2,051 | 1,457 | 15.4% |
| Romania | 1,012 | 567 | 1,366 | 1,153 | 4.4% |
| Hungary | 1,018 | 1,966 | 1,517 | 1,059 | 1.3% |
| France | 1,019 | 1,458 | 1,368 | 997 | -0.7% |
| Croatia | 882 | 1,314 | 1,352 | 853 | -1.1% |
| United States | 401 | 495 | 360 | 790 | 25.4% |
| Spain | 189 | 441 | 397 | 643 | 50.4% |
| Austria | 289 | 374 | 506 | 505 | 20.4% |
| Greece | 239 | 559 | 591 | 460 | 24.4% |
| Poland | 284 | 342 | 582 | 348 | 7.0% |
| Portugal | 112 | 52.8 | 176 | 276 | 35.1% |
| Bosnia and Herzegovina | 26.7 | 82.1 | 113 | 151 | 78.2% |
| Others | 4,595 | 2,973 | 2,516 | 2,484 | -18.5% |
| Total | 11,998 | 13,081 | 14,823 | 13,308 | 3.5% |
Top Export Markets for Dry Bean from Italy in 2022:
- Germany (925.9 tons)
- Hungary (634.0 tons)
- Romania (607.1 tons)
- Slovenia (480.1 tons)
- France (412.9 tons)
- Croatia (368.1 tons)
- Spain (255.1 tons)
- Austria (254.6 tons)
- United States (215.8 tons)
- Bosnia and Herzegovina (138.5 tons)
- Portugal (125.5 tons)
- Greece (117.7 tons)
- Poland (113.7 tons)
This report provides an in-depth analysis of the dry bean 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 176 - Beans, dry
- FCL 203 - Bambara beans
- FCL 195 - Cow peas, dry
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
- 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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