Italy - Animal Or Vegetable Fertilisers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Animal or Vegetable Fertilisers in Italy - 2023
Contents:
- Price for Animal or Vegetable Fertilisers in Italy (FOB) - 2023
- Price for Animal or Vegetable Fertilisers in Italy (CIF) - 2023
- Exports of Animal or Vegetable Fertilisers in Italy
- Imports of Animal or Vegetable Fertilisers in Italy
Price for Animal or Vegetable Fertilisers in Italy (FOB) - 2023
The average animal or vegetable fertilisers export price stood at $1,057 per ton in July 2023, with a decrease of -12.7% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 42% month-to-month. As a result, the export price reached the peak level of $1,657 per ton. From May 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($2,500 per ton), while the average price for exports to Romania ($360 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Animal or Vegetable Fertilisers in Italy (CIF) - 2023
In July 2023, the average animal or vegetable fertilisers import price amounted to $785 per ton, declining by -6.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 22% m-o-m. Over the period under review, average import prices hit record highs at $1,216 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($2,876 per ton), while the price for the Dominican Republic ($280 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Animal or Vegetable Fertilisers in Italy
After three years of growth, shipments abroad of animal or vegetable fertilisers decreased by -11.9% to 157K tons in 2022. In general, exports showed a mild slump. The growth pace was the most rapid in 2021 when exports increased by 8.3% against the previous year. As a result, the exports reached the peak of 178K tons, and then shrank in the following year.
In value terms, animal or vegetable fertilisers exports declined modestly to $172M in 2022. The total export value increased at an average annual rate of +12.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, the exports attained the peak of $173M, leveling off in the following year.
Export of Animal or Vegetable Fertilisers in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.2 | 8.1 | 15.3 | 15.0 | 27.7% |
Spain | 13.6 | 13.3 | 14.6 | 14.4 | 1.9% |
Turkey | 2.6 | 4.5 | 12.7 | 12.6 | 69.2% |
United States | 6.5 | 6.0 | 11.2 | 11.0 | 19.2% |
France | 9.0 | 9.1 | 10.3 | 10.2 | 4.3% |
Romania | 5.1 | 5.3 | 7.0 | 6.9 | 10.6% |
Germany | 4.3 | 5.1 | 5.9 | 5.8 | 10.5% |
Vietnam | 7.2 | 5.3 | 4.1 | 5.2 | -10.3% |
Bulgaria | 2.6 | 2.3 | 4.0 | 3.9 | 14.5% |
Hungary | 3.7 | 4.1 | 3.9 | 3.8 | 0.9% |
Croatia | 2.6 | 3.0 | 3.3 | 3.2 | 7.2% |
Switzerland | 2.5 | 2.3 | 2.8 | 2.7 | 2.6% |
Slovenia | 0.8 | 1.1 | 1.5 | 1.5 | 23.3% |
Others | 54.9 | 68.1 | 76.1 | 76.0 | 11.5% |
Total | 123 | 138 | 173 | 172 | 11.8% |
Top Export Markets for Animal or Vegetable Fertilisers from Italy in 2022:
- Romania (17.6K tons)
- France (16.0K tons)
- Vietnam (14.3K tons)
- Croatia (10.5K tons)
- Spain (8.2K tons)
- Hungary (6.8K tons)
- Turkey (6.2K tons)
- China (5.9K tons)
- Slovenia (5.7K tons)
- Bulgaria (5.3K tons)
- Switzerland (4.2K tons)
- Germany (4.1K tons)
- United States (3.7K tons)
Imports of Animal or Vegetable Fertilisers in Italy
For the third year in a row, Italy recorded decline in purchases abroad of animal or vegetable fertilisers, which decreased by -12.1% to 67K tons in 2022. In general, imports saw a abrupt contraction. The smallest decline of -7.2% was in 2021.
In value terms, animal or vegetable fertilisers imports soared to $65M in 2022. The total import value increased at an average annual rate of +13.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Animal or Vegetable Fertilisers in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 6.6 | 6.4 | 10.2 | 11.6 | 20.7% |
Spain | 5.5 | 6.9 | 6.3 | 7.1 | 8.9% |
Sri Lanka | 3.7 | 4.0 | 4.8 | 5.5 | 14.1% |
Netherlands | 3.1 | 8.0 | 3.5 | 5.3 | 19.6% |
Norway | 3.1 | 3.5 | 4.4 | 4.9 | 16.5% |
France | 0.6 | 1.6 | 3.1 | 3.5 | 80.0% |
Egypt | 0.6 | 1.6 | 2.8 | 3.2 | 74.7% |
Austria | 1.5 | 1.7 | 2.5 | 2.9 | 24.6% |
Brazil | 3.1 | 1.7 | 1.5 | 2.3 | -9.5% |
Germany | 2.6 | 1.8 | 1.7 | 2.3 | -4.0% |
Dominican Republic | 2.3 | 1.2 | 1.8 | 2.0 | -4.6% |
Vietnam | 2.3 | 0.9 | 0.3 | 1.3 | -17.3% |
Pakistan | 0.7 | 0.6 | 0.7 | 0.7 | 0.0% |
Others | 9.1 | 8.7 | 10.6 | 12.9 | 12.3% |
Total | 44.8 | 48.4 | 54.2 | 65.5 | 13.5% |
Top Suppliers of Animal or Vegetable Fertilisers to Italy in 2022:
- India (13.8K tons)
- Brazil (5.7K tons)
- Netherlands (5.7K tons)
- Sri Lanka (5.5K tons)
- Spain (5.3K tons)
- Dominican Republic (4.8K tons)
- Austria (4.6K tons)
- Germany (3.8K tons)
- Egypt (2.7K tons)
- Vietnam (2.7K tons)
- Pakistan (2.3K tons)
- France (1.9K tons)
- Norway (1.4K tons)
This report provides an in-depth analysis of the market for animal or vegetable fertilisers 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 20158000 - Animal or vegetable fertilisers
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
This report provides an in-depth analysis of the market for animal or vegetable fertilisers in Italy.
This report provides an in-depth analysis of the global market for animal or vegetable fertilisers.
This report provides an in-depth analysis of the market for animal or vegetable fertilisers in Italy.
This report provides an in-depth analysis of the global market for animal or vegetable fertilisers.
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