Italy - Glucose And Glucose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGlucose Price in Italy - 2023
Contents:
- Glucose Price in Italy (FOB) - 2023
- Glucose Price in Italy (CIF) - 2023
- Glucose Exports in Italy
- Glucose Imports in Italy
Glucose Price in Italy (FOB) - 2023
The average glucose export price stood at $1,082 per ton in September 2023, which is down by -3.3% against the previous month. Overall, export price indicated notable growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, glucose export price decreased by -22.3% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 35% m-o-m. Over the period under review, the average export prices hit record highs at $1,393 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($1,326 per ton), while the average price for exports to Spain ($714 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.
Glucose Price in Italy (CIF) - 2023
The average glucose import price stood at $978 per ton in September 2023, with a decrease of -12.2% against the previous month. Overall, import price indicated a tangible increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, glucose import price decreased by -17.1% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 29% month-to-month. As a result, import price attained the peak level of $1,229 per ton. From February 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($5,118 per ton), while the price for Hungary ($768 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Glucose Exports in Italy
In 2022, approx. 188K tons of glucose and glucose syrup were exported from Italy; increasing by 13% compared with the previous year. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, glucose exports skyrocketed to $136M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Glucose in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.8 | 15.4 | 18.0 | 28.9 | 25.0% |
| France | 16.8 | 15.5 | 18.4 | 26.5 | 16.4% |
| United Kingdom | 2.8 | 2.2 | 4.9 | 8.9 | 47.0% |
| Switzerland | 3.5 | 4.8 | 4.7 | 8.6 | 34.9% |
| United States | 3.7 | 3.0 | 3.6 | 8.3 | 30.9% |
| Austria | 7.7 | 6.8 | 8.1 | 7.3 | -1.8% |
| Netherlands | 3.6 | 2.9 | 4.2 | 5.8 | 17.2% |
| Spain | 2.7 | 2.5 | 2.6 | 5.5 | 26.8% |
| Greece | 5.0 | 3.7 | 4.3 | 5.2 | 1.3% |
| Turkey | 3.2 | 3.3 | 3.9 | 5.1 | 16.8% |
| Belgium | 1.3 | 3.6 | 4.1 | 4.9 | 55.6% |
| Mexico | 0.4 | 0.3 | 4.4 | 4.3 | 120.7% |
| Poland | 1.5 | 1.6 | 1.2 | 2.9 | 24.6% |
| Others | 11.3 | 9.1 | 10.4 | 14.0 | 7.4% |
| Total | 78.3 | 74.8 | 92.8 | 136 | 20.2% |
Top Export Markets for Glucose from Italy in 2022:
- France (45.7K tons)
- Germany (40.6K tons)
- Switzerland (14.4K tons)
- United Kingdom (10.7K tons)
- Austria (9.7K tons)
- Greece (8.5K tons)
- Netherlands (8.1K tons)
- Spain (7.4K tons)
- Belgium (6.5K tons)
- Turkey (6.4K tons)
- United States (6.4K tons)
- Mexico (4.8K tons)
- Poland (3.6K tons)
Glucose Imports in Italy
In 2022, glucose imports into Italy expanded slightly to 109K tons, surging by 1.7% against the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 28%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, glucose imports soared to $80M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Glucose in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.5 | 6.2 | 15.1 | 21.8 | 69.2% |
| France | 10.9 | 12.5 | 15.7 | 14.4 | 9.7% |
| Austria | 9.3 | 9.7 | 12.1 | 14.4 | 15.7% |
| Hungary | 0.5 | 1.1 | 2.4 | 8.5 | 157.1% |
| Bulgaria | 2.9 | 2.7 | 4.5 | 6.3 | 29.5% |
| Germany | 2.3 | 2.7 | 3.7 | 4.6 | 26.0% |
| Spain | 2.4 | 2.9 | 5.8 | 2.4 | 0.0% |
| Netherlands | 1.8 | 1.8 | 2.5 | 1.8 | 0.0% |
| Others | 3.4 | 4.3 | 5.2 | 5.9 | 20.2% |
| Total | 38.1 | 43.9 | 66.9 | 80.0 | 28.1% |
Top Suppliers of Glucose to Italy in 2022:
- Austria (24.7K tons)
- Belgium (23.4K tons)
- France (19.1K tons)
- Hungary (18.5K tons)
- Bulgaria (7.8K tons)
- Germany (5.6K tons)
- Netherlands (2.4K tons)
- Spain (2.4K tons)
This report provides an in-depth analysis of the glucose 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 10621310 - Glucose and glucose syrup (excluding with added flavouring or colouring matter)
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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