Italy - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Vegetable Price in Italy - 2023
Contents:
- Dry Vegetable Price in Italy (CIF) - 2023
- Dry Vegetable Price in Italy (FOB) - 2023
- Dry Vegetable Imports in Italy
- Dry Vegetable Exports in Italy
Dry Vegetable Price in Italy (CIF) - 2023
In August 2023, the average dry vegetable import price amounted to $1,695 per ton, falling by -18% against the previous month. Over the period under review, the import price, however, continues to indicate a slight expansion. The growth pace was the most rapid in October 2022 an increase of 126% month-to-month. Over the period under review, average import prices hit record highs at $3,562 per ton in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($3,925 per ton), while the price for Croatia ($291 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Vegetable Price in Italy (FOB) - 2023
In August 2023, the average dry vegetable export price amounted to $5,746 per ton, picking up by 14% against the previous month. Overall, export price indicated a measured increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, dry vegetable export price increased by +135.8% against June 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 108% month-to-month. The export price peaked at $6,453 per ton in November 2022; however, from December 2022 to August 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($9,606 per ton), while the average price for exports to Slovenia ($2,742 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Vegetable Imports in Italy
In 2022, the amount of dry vegetables imported into Italy declined to 24K tons, waning by -11.5% compared with the year before. Over the period under review, imports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 6.2%.
In value terms, dry vegetable imports fell markedly to $46M in 2022. Overall, imports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2020 when imports increased by 7.1%. As a result, imports reached the peak of $56M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Dry Vegetable in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 13.8 | 16.1 | 13.2 | 12.1 | -4.3% |
| Germany | 4.5 | 4.1 | 4.6 | 5.2 | 4.9% |
| China | 3.0 | 4.2 | 4.4 | 5.0 | 18.6% |
| Tunisia | 14.9 | 16.4 | 15.1 | 4.1 | -35.0% |
| Austria | 1.9 | 1.9 | 3.1 | 3.5 | 22.6% |
| France | 2.1 | 2.4 | 3.0 | 2.8 | 10.1% |
| Hungary | 1.3 | 1.2 | 1.1 | 2.1 | 17.3% |
| Netherlands | 1.8 | 1.6 | 2.4 | 2.0 | 3.6% |
| Poland | 1.5 | 1.4 | 1.3 | 1.7 | 4.3% |
| Spain | 1.5 | 1.7 | 2.4 | 1.7 | 4.3% |
| India | 1.5 | 0.8 | 1.2 | 1.4 | -2.3% |
| Others | 4.6 | 4.3 | 4.3 | 3.9 | -5.4% |
| Total | 52.5 | 56.2 | 56.1 | 45.6 | -4.6% |
Top Suppliers of Dry Vegetable to Italy in 2022:
- Austria (7.5K tons)
- Turkey (4.3K tons)
- Tunisia (2.0K tons)
- Hungary (2.0K tons)
- Germany (1.6K tons)
- China (1.5K tons)
- Spain (1.1K tons)
- Netherlands (0.8K tons)
- India (0.7K tons)
- France (0.7K tons)
- Poland (0.4K tons)
Dry Vegetable Exports in Italy
In 2022, approx. 6.2K tons of dry vegetables were exported from Italy; reducing by -17.6% on 2021 figures. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 11%.
In value terms, dry vegetable exports dropped sharply to $25M in 2022. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 5%.
| Export of Dry Vegetable in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 6.9 | 6.9 | 6.3 | -6.5% |
| France | 4.4 | 2.9 | 3.6 | 2.7 | -15.0% |
| Poland | 2.5 | 2.7 | 3.2 | 2.4 | -1.4% |
| Japan | 1.3 | 1.3 | 1.2 | 1.5 | 4.9% |
| Spain | 0.9 | 0.7 | 1.0 | 1.2 | 10.1% |
| Switzerland | 3.0 | 0.9 | 1.3 | 1.1 | -28.4% |
| Czech Republic | 0.4 | 1.0 | 1.9 | 1.0 | 35.7% |
| Netherlands | 1.1 | 1.0 | 0.9 | 0.9 | -6.5% |
| Belgium | 0.9 | 0.9 | 1.0 | 0.8 | -3.9% |
| Slovenia | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
| Austria | 0.5 | 0.5 | 0.7 | 0.4 | -7.2% |
| United Arab Emirates | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Estonia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 8.7 | 8.7 | 7.1 | 5.6 | -13.7% |
| Total | 32.1 | 28.0 | 29.4 | 24.6 | -8.5% |
Top Export Markets for Dry Vegetable from Italy in 2022:
- Poland (1673.3 tons)
- Germany (1068.4 tons)
- France (550.6 tons)
- Austria (279.4 tons)
- Japan (216.5 tons)
- Netherlands (209.3 tons)
- Spain (205.4 tons)
- United Arab Emirates (203.6 tons)
- Estonia (174.1 tons)
- Czech Republic (149.7 tons)
- Switzerland (147.5 tons)
- Belgium (146.2 tons)
- Slovenia (134.2 tons)
This report provides an in-depth analysis of the dry 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 469 - Vegetables, Dehydrated
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
- 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 VOLUME AND VALUE
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
- 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
- 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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515
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In February 2023, the dried vegetables price stood at $1,970 per ton (CIF, Italy), reducing by -47.3% against the previous month.
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Global dry vegetable exports reached $2B in 2020. China remains the largest supplier of dry vegetables worldwide and continues to expand its exports. India and the U.S. keep pace with the leader, emerging as the fastest-growing exporters. Last year, the U.S., Germany and Brazil constituted key markets for dry vegetables exported from China. India sent most of the exports to Nepal, Germany and the U.S. Near 42% of supplies from the U.S. were intended for Canada, Mexico and Japan.
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