Italy - Fonio - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFonio Price in Italy - 2023
Contents:
- Fonio Price in Italy (CIF) - 2022
- Fonio Price in Italy (FOB) - 2022
- Fonio Imports in Italy
- Fonio Exports in Italy
Fonio Price in Italy (CIF) - 2022
In 2022, the average fonio import price amounted to $1,530 per ton, dropping by -54.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 180%. As a result, import price reached the peak level of $4,571 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($6,945 per ton), while the price for Senegal ($870 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Fonio Price in Italy (FOB) - 2022
The average fonio export price stood at $6,005 per ton in 2022, growing by 11% against the previous year. Over the period under review, the export price recorded strong growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 160% against the previous year. Over the period under review, the average export prices reached the maximum at $8,128 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($8,878 per ton), while the average price for exports to France ($4,591 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 Greece (+20.6%), while the prices for the other major destinations experienced mixed trend patterns.
Fonio Imports in Italy
For the fourth consecutive year, Italy recorded growth in purchases abroad of fonio, which increased by 175% to 36 tons in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fonio imports surged to $55K in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 138%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Fonio in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | N/A | N/A | 4.9 | 27.6 | 463.3% |
| Netherlands | 2.2 | N/A | 36.1 | 17.9 | 101.1% |
| Spain | N/A | N/A | 2.4 | 9.2 | 283.3% |
| Belgium | N/A | 17.9 | N/A | N/A | 0% |
| Germany | 3.7 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 0.4 | N/A | N/A | -81.8% |
| Total | 8.1 | 18.2 | 43.4 | 54.7 | 89.0% |
Top Suppliers of Fonio to Italy in 2022:
- Senegal (31.8 tons)
- Netherlands (2.6 tons)
- Spain (1.4 tons)
Fonio Exports in Italy
In 2022, the amount of fonio exported from Italy shrank rapidly to 994 kg, with a decrease of -49.7% on the previous year. Overall, exports recorded a sharp descent.
In value terms, fonio exports dropped remarkably to $6K in 2022. In general, exports recorded a dramatic contraction.
| Export of Fonio in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | N/A | N/A | 2.7 | 0% | |
| Ukraine | N/A | N/A | 2.6 | 0% | |
| Greece | N/A | N/A | 0.5 | 0% | |
| France | N/A | 0.1 | 0.2 | 100.0% | |
| Netherlands | 30.6 | 10.6 | N/A | -65.4% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 30.6 | 10.7 | 6.0 | -55.7% | |
Top Export Markets for Fonio from Italy in 2022:
- United Kingdom (571.0 kg)
- Ukraine (288.0 kg)
- Greece (91.0 kg)
- France (44.0 kg)
This report provides an in-depth analysis of the fonio 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 94 - Fonio
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
-
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
-
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
-
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
-
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
-
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
-
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
546
This report provides an in-depth analysis of the fonio market in Italy.
560
This report provides an in-depth analysis of the buckwheat market in Italy.
513
This report provides an in-depth analysis of the canary seed market in Italy.
621
This report provides an in-depth analysis of the quinoa market in Italy.
494
This report provides an in-depth analysis of the triticale market in Italy.
511
This report provides an in-depth analysis of the millet market in Italy.
661
This report provides an in-depth analysis of the cereal market in Italy.
705
This report provides an in-depth analysis of the grain market in Italy.
600
This report provides an in-depth analysis of the grain market in Italy.
2746
This report provides an in-depth analysis of the global fonio market.
95
From March 2023 to September 2023, the growth of Canary Seed imports stayed at a lower level. The value of imports for Canary Seed skyrocketed to $659K in September 2023.
147
The rate of growth for Quinoa imports experienced significant growth in August 2023, with a month-on-month increase of 133%. However, the value of quinoa imports declined sharply to $401K in September 2023.
226
The rate of expansion was most notable in September 2022 with a 22% increase in imports compared to the previous month. In terms of value, cereal imports reached a soaring $457M in August 2023.
3544
Fonio is consumed mainly in the West African countries, where it is also cultivated. The global fonio market showed steady growth, rising from X tons in 2007, to X tons in 2016. Annual rates of growth stood at +X% in physical terms.
1459
Global fonio consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
2728
In 2015, the country with the largest volume of the fonio output was Guinea (X thousand tons), accounting for X% of global production.
1324
Despite a rocky 2014, Belgium continued to lead the way in the global fonio trade. In 2014, Belgium exported X tons of fonio totaling X thousand USD, X% under the previous year. Its primary trading partner was the Netherlands, where it suppl
830
In the immediate term, the global buckwheat market may face a shortage due to an export ban introduced in Russia. The country, being the largest producer and exporter of buckwheat, restricted exporting unprocessed buckwheat, coarsely ground buckwheat groats, and crushed buckwheat grain from June 5, 2021, to August 31. Russia took this step to preserve the volumes of the buckwheat grain for its domestic consumption and prevent a spike in prices inside the country. China, Latvia and Ukraine featured the most prominent increases in imports from Russia in 2021.
6570
Global buckwheat consumption amounted to X thousand tons in 2015, surging by +X% against the previous year level.
3107
Global buckwheat exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
