Insects; Live, Bees Price in Italy - 2023

Contents:

1. Insects; Live, Bees Price in Italy (FOB) - 2022
2. Insects; Live, Bees Price in Italy (CIF) - 2022
3. Insects; Live, Bees Exports in Italy
4. Insects; Live, Bees Imports in Italy

Insects; Live, Bees Price in Italy (FOB) - 2022

In 2022, the average insects; live, bees export price amounted to $1.4 per unit, growing by 14% against the previous year. In general, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 127%. Over the period under review, the average export prices reached the maximum at $6.8 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($12 per unit), while the average price for exports to the United Arab Emirates ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Insects; Live, Bees Price in Italy (CIF) - 2022

The average insects; live, bees import price stood at $0.2 per unit in 2022, picking up by 6% 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 2016 an increase of 49% against the previous year. As a result, import price attained the peak level of $0.4 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Israel ($12 per unit), while the price for the Netherlands ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+48.0%), while the prices for the other major suppliers experienced a decline.

Insects; Live, Bees Exports in Italy

For the fourth year in a row, Italy recorded growth in shipments abroad of insects; live, beeses, which increased by 41% to 1.4M units in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,265% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, insects; live, bees exports surged to $2M in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 923%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Insects; Live, Bees from Italy in 2022:

1. France (856.2K units)
2. Germany (206.9K units)
3. United Arab Emirates (184.1K units)
4. United Kingdom (57.4K units)
5. Canada (21.2K units)

Insects; Live, Bees Imports in Italy

In 2022, overseas purchases of insects; live, beeses were finally on the rise to reach 783K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a perceptible contraction. Imports peaked at 910K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, insects; live, bees imports soared to $186K in 2022. Overall, imports, however, showed a sharp curtailment. Imports peaked at $372K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Insects; Live, Bees to Italy in 2022:

1. Belgium (741.9K units)
2. Netherlands (34.2K units)

Source: IndexBox Market Intelligence Platform