Italy - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Italy - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights

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Mustard Seed Price in Italy - 2023

Contents:

  1. Mustard Seed Price in Italy (CIF) - 2023
  2. Mustard Seed Price in Italy (FOB) - 2022
  3. Mustard Seed Imports in Italy
  4. Mustard Seed Exports in Italy

Mustard Seed Price in Italy (CIF) - 2023

The average mustard seed import price stood at $1,752 per ton in August 2023, reducing by -15.1% against the previous month. Over the period under review, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 35% against the previous month. As a result, import price reached the peak level of $2,963 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,616 per ton), while the price for Poland ($1,306 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 Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Mustard Seed Price in Italy (FOB) - 2022

The average mustard seed export price stood at $1,704 per ton in 2022, reducing by -6.1% against the previous year. In general, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 20%. As a result, the export price attained the peak level of $5,173 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($3,333 per ton), while the average price for exports to Austria ($1,397 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 Spain (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Mustard Seed Imports in Italy

In 2022, mustard seed imports into Italy skyrocketed to 1.2K tons, jumping by 65% against the year before. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +78.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mustard seed imports surged to $2.2M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mustard Seed in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland95.528125462687.2%
France23.076.3155322141.0%
Germany2392372522582.6%
Ukraine72.264.065.621944.8%
Czech Republic17879.996.9166-2.3%
Netherlands10610156.91317.3%
Hungary13515.764.7119-4.1%
Canada56.956.610510221.5%
Lithuania78.731.737.514.7-42.8%
Others95.855.963.219426.5%
Total1,0801,0001,1502,15225.8%

Top Suppliers of Mustard Seed to Italy in 2022:

  1. Poland (341.6 tons)
  2. Ukraine (209.9 tons)
  3. France (150.7 tons)
  4. Germany (118.7 tons)
  5. Czech Republic (113.0 tons)
  6. Hungary (67.8 tons)
  7. Netherlands (62.7 tons)
  8. Canada (44.4 tons)
  9. Lithuania (8.0 tons)

Mustard Seed Exports in Italy

In 2022, the amount of mustard seed exported from Italy soared to 281 tons, rising by 57% on 2021 figures. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, mustard seed exports surged to $480K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year. As a result, the exports reached the peak of $536K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Mustard Seed in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6.91.159.1114154.7%
Slovenia34.528.411.880.932.9%
France14114014279.4-17.4%
Germany36.419137.561.719.2%
Austria36.238.413.738.21.8%
Spain7.84.318.924.947.2%
Romania52.4N/A13.021.9-25.2%
IrelandN/A11.01.49.1-9.0%
Hungary12.524.517.70.3-71.2%
United Kingdom2.362.1N/AN/A2600.0%
Others12.735.310.249.457.3%
Total34353632648011.9%

Top Export Markets for Mustard Seed from Italy in 2022:

  1. Netherlands (81.3 tons)
  2. France (55.8 tons)
  3. Slovenia (43.4 tons)
  4. Germany (39.0 tons)
  5. Austria (27.4 tons)
  6. Spain (9.2 tons)
  7. Romania (9.1 tons)
  8. Ireland (4.3 tons)
  9. Hungary (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mustard seed 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 292 - Mustard seed

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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