Report Update: May 1, 2024

Italy - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends And Insights

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Price for Cod, Salted or in Brine in Italy - 2023

Price for Cod, Salted or in Brine in Italy (CIF) - 2023

The average import price for cod, salted or in brine stood at $10,226 per ton in April 2023, increasing by 16% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 when the average import price increased by 17% month-to-month. Over the period under review, average import prices hit record highs in April 2023.

Average prices varied somewhat amongst the major supplying countries. In April 2023, the highest price was recorded for prices from Spain ($13,216 per ton) and Portugal ($12,573 per ton), while the price for the Netherlands ($9,888 per ton) and Germany ($10,122 per ton) were amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Portugal (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cod, Salted or in Brine in Italy (FOB) - 2023

In April 2023, the average export price for cod, salted or in brine amounted to $10,577 per ton, increasing by 2.8% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 an increase of 32% month-to-month. Over the period under review, the average export prices hit record highs at $11,145 per ton in February 2023; however, from March 2023 to April 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In April 2023, the country with the highest price was Hungary ($10,848 per ton), while the average price for exports to Estonia totaled $9,949 per ton.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+5.9%), while the prices for the other major destinations experienced a decline.

Imports of Cod, Salted or in Brine in Italy

Cod, salted or in brine imports into Italy was estimated at 5.3K tons in 2022, picking up by 3.4% compared with the previous year. Over the period under review, imports, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.

In value terms, cod, salted or in brine imports totaled $44M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Cod, Salted or in Brine in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	12.5	8.3	10.0	15.4	7.2%
Netherlands	9.7	9.3	9.9	11.1	4.6%
Germany	9.2	10.1	10.0	9.8	2.1%
Spain	3.0	1.6	3.0	3.5	5.3%
Sweden	5.1	2.7	4.5	3.0	-16.2%
Portugal	0.5	0.7	0.9	0.9	21.6%
Others	0.3	0.3	0.7	0.3	0.0%
Total	40.3	33.0	39.0	44.0	3.0%

Top Suppliers of Cod, Salted or in Brine to Italy in 2022:

Denmark (2071.5 tons)
Netherlands (1291.5 tons)
Germany (1159.8 tons)
Spain (332.3 tons)
Sweden (312.3 tons)
Portugal (90.5 tons)

Exports of Cod, Salted or in Brine in Italy

After three years of growth, shipments abroad of cod, salted or in brine decreased by -38.7% to 872 tons in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 183%.

In value terms, cod, salted or in brine exports declined remarkably to $7.6M in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 164% against the previous year.

Export of Cod, Salted or in Brine in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Slovakia	N/A	N/A	5.8	7.5	29.3%
Croatia	N/A	2.0	3.2	0.1	-77.6%
Bulgaria	0.3	0.2	N/A	N/A	-33.3%
Portugal	N/A	N/A	0.9	N/A	0%
Czech Republic	3.0	4.6	0.7	N/A	-51.7%
Others	0.2	2.4	1.4	0.1	-20.6%
Total	3.5	9.2	12.0	7.6	29.5%

Top Export Markets for Cod, Salted or in Brine from Italy in 2022:

Czech Republic (undefined tons)
Slovakia (856.6 tons)
Croatia (8.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for cod, salted or in brine 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:

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.

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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023