Flakes; of Potatoes Price in Italy - 2023
Contents:
- Flakes; of Potatoes Price in Italy (CIF) - 2023
- Flakes; of Potatoes Price in Italy (FOB) - 2022
- Flakes; of Potatoes Imports in Italy
- Flakes; of Potatoes Exports in Italy
Flakes; of Potatoes Price in Italy (CIF) - 2023
The average flakes; of potatoes import price stood at $2,249 per ton in August 2023, surging by 5.3% against the previous month. Overall, import price indicated strong growth from August 2022 to August 2023: its price increased at an average monthly rate of +5.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, flakes; of potatoes import price increased by +10.5% against April 2023 indices. The growth pace was the most rapid in October 2022 when the average import price increased by 21% m-o-m. The import price peaked in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Denmark ($3,348 per ton), while the price for Poland ($1,366 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 Denmark (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Flakes; of Potatoes Price in Italy (FOB) - 2022
The average flakes; of potatoes export price stood at $2,979 per ton in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2013 when the average export price increased by 16% against the previous year. The export price peaked at $2,983 per ton in 2021, and then declined modestly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($4,412 per ton), while the average price for exports to Bulgaria ($1,618 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 China (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Flakes; of Potatoes Imports in Italy
In 2022, the amount of flakes; of potatoeses imported into Italy rose remarkably to 46K tons, growing by 15% against 2021 figures. The total import volume increased at an average annual rate of +5.0% 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.
In value terms, flakes; of potatoes imports surged to $67M in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Flakes; of Potatoes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.9 | 17.9 | 18.4 | 23.4 | 5.5% |
| Belgium | 14.7 | 15.3 | 17.3 | 23.4 | 16.8% |
| Netherlands | 10.5 | 9.7 | 10.1 | 12.0 | 4.6% |
| France | 3.7 | 3.1 | 2.9 | 3.2 | -4.7% |
| Denmark | 1.6 | 0.9 | 1.6 | 1.5 | -2.1% |
| Spain | 1.1 | 1.4 | 1.5 | 1.4 | 8.4% |
| Others | 2.7 | 1.9 | 1.2 | 1.7 | -14.3% |
| Total | 54.3 | 50.3 | 53.1 | 66.6 | 7.0% |
Top Suppliers of Flakes; of Potatoes to Italy in 2022:
- Germany (17.0K tons)
- Belgium (15.1K tons)
- Netherlands (9.1K tons)
- France (2.3K tons)
- Denmark (1.2K tons)
- Spain (0.8K tons)
Flakes; of Potatoes Exports in Italy
In 2022, shipments abroad of flakes; of potatoeses decreased by -84% to 338 tons, falling for the second year in a row after two years of growth. In general, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 0.5% against the previous year. As a result, the exports reached the peak of 4.7K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, flakes; of potatoes exports plummeted to $1M in 2022. Overall, exports showed a sharp curtailment. The smallest decline of -0.1% was in 2020.
| Export of Flakes; of Potatoes in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 214 | 1,682 | 4,687 | 339 | 16.6% |
| Slovenia | 50.8 | 77.3 | 142 | 164 | 47.8% |
| Germany | 149 | 67.0 | 180 | 111 | -9.3% |
| Spain | 239 | 191 | 151 | 96.0 | -26.2% |
| Poland | 4,682 | 4,377 | 434 | 89.5 | -73.3% |
| Malta | 81.7 | 65.2 | 29.9 | 60.1 | -9.7% |
| Croatia | 19.7 | 0.5 | 1.6 | 49.0 | 35.5% |
| United Kingdom | 5,246 | 5,954 | 539 | 1.2 | -93.9% |
| Czech Republic | 328 | 183 | 4.7 | 0.5 | -88.5% |
| Turkey | 1,060 | N/A | N/A | N/A | 0% |
| Others | 801 | 267 | 141 | 96.7 | -50.6% |
| Total | 12,872 | 12,864 | 6,310 | 1,007 | -57.2% |
Top Export Markets for Flakes; of Potatoes from Italy in 2022:
- United States (134.9 tons)
- Spain (47.0 tons)
- Slovenia (37.2 tons)
- Poland (34.9 tons)
- Germany (26.7 tons)
- Malta (18.7 tons)
- Croatia (12.9 tons)
- United Kingdom (0.3 tons)
- Czech Republic (0.2 tons)
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