Italy - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Crustaceans Price in Italy - 2023
Contents:
- Frozen Crustaceans Price in Italy (CIF) - 2023
- Frozen Crustaceans Price in Italy (FOB) - 2023
- Frozen Crustaceans Imports in Italy
- Frozen Crustaceans Exports in Italy
Frozen Crustaceans Price in Italy (CIF) - 2023
The average frozen crustaceans import price stood at $8,385 per ton in August 2023, which is down by -1.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 12% against the previous month. The import price peaked at $9,392 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($14,164 per ton), while the price for India ($5,317 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 France (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Crustaceans Price in Italy (FOB) - 2023
The average frozen crustaceans export price stood at $11,736 per ton in August 2023, falling by -10.1% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 25% against the previous month. The export price peaked at $14,621 per ton in December 2022; however, from January 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was France ($17,459 per ton), while the average price for exports to Ecuador ($5,234 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 Albania (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Crustaceans Imports in Italy
In 2022, imports of frozen crustaceans into Italy contracted to 90K tons, declining by -7.1% compared with 2021. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports reached the peak of 97K tons, and then dropped in the following year.
In value terms, frozen crustaceans imports reduced to $814M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $863M, and then fell in the following year.
| Import of Frozen Crustaceans in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 162 | 148 | 176 | 228 | 12.1% |
| Spain | 105 | 104 | 161 | 142 | 10.6% |
| Argentina | 133 | 119 | 212 | 105 | -7.6% |
| Ireland | 42.7 | 31.2 | 51.8 | 66.4 | 15.9% |
| Denmark | 34.2 | 30.3 | 48.8 | 58.7 | 19.7% |
| India | 33.8 | 35.8 | 45.1 | 46.4 | 11.1% |
| France | 8.3 | 8.0 | 32.8 | 35.3 | 62.0% |
| Tunisia | 18.7 | 17.6 | 28.5 | 31.2 | 18.6% |
| Netherlands | 14.1 | 13.9 | 19.7 | 22.8 | 17.4% |
| United Kingdom | 23.2 | 16.7 | 3.6 | 4.2 | -43.4% |
| Others | 79.9 | 63.1 | 83.9 | 75.3 | -2.0% |
| Total | 655 | 587 | 863 | 814 | 7.5% |
Top Suppliers of Frozen Crustaceans to Italy in 2022:
- Ecuador (32.1K tons)
- Argentina (12.7K tons)
- Spain (12.6K tons)
- India (7.8K tons)
- Denmark (5.6K tons)
- Ireland (4.1K tons)
- France (3.3K tons)
- Tunisia (2.7K tons)
- Netherlands (2.0K tons)
- United Kingdom (0.4K tons)
Frozen Crustaceans Exports in Italy
In 2022, shipments abroad of frozen crustaceans was finally on the rise to reach 4.5K tons after two years of decline. In general, exports, however, showed a relatively flat trend pattern.
In value terms, frozen crustaceans exports soared to $53M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Crustaceans in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 20.2 | 17.1 | 10.5 | 21.1 | 1.5% |
| Albania | 1.4 | 1.3 | 2.4 | 4.2 | 44.2% |
| France | 4.4 | 3.2 | 4.9 | 4.1 | -2.3% |
| Malta | 2.2 | 1.3 | 2.5 | 3.4 | 15.6% |
| Germany | 2.7 | 2.7 | 3.4 | 2.6 | -1.3% |
| Croatia | 2.8 | 1.0 | 2.4 | 2.5 | -3.7% |
| Greece | 2.9 | 1.3 | 2.0 | 2.3 | -7.4% |
| Switzerland | 1.0 | 1.5 | 1.6 | 2.3 | 32.0% |
| Slovenia | 1.7 | 1.2 | 1.8 | 2.1 | 7.3% |
| Austria | 1.8 | 1.6 | 1.9 | 2.0 | 3.6% |
| Netherlands | 0.4 | 0.2 | 0.3 | 0.9 | 31.0% |
| Romania | 0.8 | 0.6 | 1.0 | 0.7 | -4.4% |
| Others | 6.9 | 3.9 | 5.0 | 5.1 | -9.6% |
| Total | 49.0 | 36.9 | 39.8 | 53.3 | 2.8% |
Top Export Markets for Frozen Crustaceans from Italy in 2022:
- Spain (2107.3 tons)
- Albania (423.8 tons)
- Malta (321.6 tons)
- France (269.0 tons)
- Germany (215.1 tons)
- Greece (207.5 tons)
- Croatia (181.4 tons)
- Slovenia (167.1 tons)
- Austria (119.8 tons)
- Switzerland (76.9 tons)
- Netherlands (70.6 tons)
- Romania (67.9 tons)
This report provides an in-depth analysis of the frozen crustaceans 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:
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
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
-
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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