Italy - Margarine And Shortening - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMargarine and Shortening Price in Italy - 2023
Contents:
- Margarine and Shortening Price in Italy (FOB) - 2023
- Margarine and Shortening Price in Italy (CIF) - 2023
- Margarine and Shortening Exports in Italy
- Margarine and Shortening Imports in Italy
Margarine and Shortening Price in Italy (FOB) - 2023
The average margarine and shortening export price stood at $2,888 per ton in August 2023, dropping by -5.1% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 7% m-o-m. Over the period under review, the average export prices reached the peak figure at $3,048 per ton in June 2023; however, from July 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5,468 per ton), while the average price for exports to Portugal ($1,810 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 Russia (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Margarine and Shortening Price in Italy (CIF) - 2023
The average margarine and shortening import price stood at $2,383 per ton in August 2023, approximately equating the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 3.9% against the previous month. The import price peaked at $2,594 per ton in April 2023; however, from May 2023 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 the Netherlands ($3,096 per ton), while the price for Hungary ($1,786 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 (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Margarine and Shortening Exports in Italy
In 2022, margarine and shortening exports from Italy stood at 69K tons, rising by 4.5% against the previous year's figure. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 7.3%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, margarine and shortening exports skyrocketed to $180M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 36%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Margarine and Shortening in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.9 | 12.5 | 26.6 | 27.1 | 44.9% |
| Poland | 8.5 | 9.0 | 11.3 | 16.3 | 24.2% |
| France | 9.3 | 11.5 | 12.8 | 11.3 | 6.7% |
| Germany | 7.1 | 6.7 | 8.1 | 8.6 | 6.6% |
| Hungary | 2.3 | 3.5 | 4.9 | 8.5 | 54.6% |
| Netherlands | 2.3 | 3.2 | 6.9 | 7.8 | 50.2% |
| United States | 1.6 | 3.0 | 4.3 | 7.8 | 69.6% |
| Belgium | 7.5 | 7.5 | 7.1 | 7.2 | -1.4% |
| Russia | 7.7 | 7.2 | 7.8 | 7.1 | -2.7% |
| Czech Republic | 3.2 | 2.6 | 3.8 | 5.9 | 22.6% |
| Portugal | 2.3 | 3.5 | 4.7 | 5.9 | 36.9% |
| Japan | 4.8 | 2.5 | 3.1 | 5.4 | 4.0% |
| Greece | 2.4 | 1.9 | 2.3 | 3.8 | 16.6% |
| Others | 34.7 | 32.4 | 42.1 | 56.8 | 17.9% |
| Total | 103 | 107 | 146 | 180 | 20.5% |
Top Export Markets for Margarine and Shortening from Italy in 2022:
- Spain (11.4K tons)
- Poland (6.4K tons)
- Hungary (4.5K tons)
- France (4.4K tons)
- Portugal (3.1K tons)
- Czech Republic (3.0K tons)
- Germany (2.3K tons)
- United States (2.2K tons)
- Russia (2.2K tons)
- Japan (2.0K tons)
- Netherlands (1.9K tons)
- Greece (1.8K tons)
- Belgium (1.8K tons)
Margarine and Shortening Imports in Italy
In 2022, purchases abroad of margarine and shortening was finally on the rise to reach 46K tons after two years of decline. Over the period under review, imports, however, recorded a mild curtailment.
In value terms, margarine and shortening imports skyrocketed to $110M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +86.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Margarine and Shortening in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 20.2 | 16.6 | 20.2 | 23.5 | 5.2% |
| Germany | 12.5 | 10.1 | 14.6 | 22.7 | 22.0% |
| Spain | 4.9 | 3.0 | 4.3 | 17.8 | 53.7% |
| France | 7.9 | 8.6 | 9.2 | 16.2 | 27.0% |
| Austria | 12.2 | 7.6 | 9.3 | 13.3 | 2.9% |
| Sweden | 4.5 | 4.7 | 5.0 | 5.0 | 3.6% |
| Netherlands | 3.4 | 2.6 | 3.3 | 3.9 | 4.7% |
| Greece | 1.6 | 2.8 | 2.3 | 2.8 | 20.5% |
| United Kingdom | 3.8 | 1.3 | 0.2 | 0.4 | -52.8% |
| Others | 3.9 | 1.7 | 2.2 | 4.2 | 2.5% |
| Total | 75.0 | 59.1 | 70.5 | 110 | 13.6% |
Top Suppliers of Margarine and Shortening to Italy in 2022:
- United Kingdom (undefinedK tons)
- Germany (10.2K tons)
- Belgium (10.1K tons)
- Spain (7.8K tons)
- France (6.9K tons)
- Austria (5.6K tons)
- Netherlands (1.3K tons)
- Greece (1.2K tons)
- Sweden (1.2K tons)
This report provides an in-depth analysis of the margarine and shortening 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 1242 - Margarine and Shortening
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
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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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