Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy - 2023
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy (CIF) - 2022
In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $36,714 per ton, increasing by 74% against the previous year. Over the period under review, the import price enjoyed a strong increase. The pace of growth was the most pronounced in 2020 an increase of 330% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
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 China ($43,782 per ton), while the price for Spain ($11,060 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy (FOB) - 2022
The average export price for edible products of animal origin; not elsewhere specified or includeds stood at $10,157 per ton in 2022, falling by -17.9% against the previous year. Overall, the export price, however, showed prominent growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 133%. Over the period under review, the average export prices hit record highs at $13,861 per ton in 2018; however, from 2019 to 2022, the 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 Spain ($29,601 per ton), while the average price for exports to Hungary ($4,813 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 Hong Kong SAR (+29.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy
In 2022, the amount of edible products of animal origin; not elsewhere specified or includeds imported into Italy reduced remarkably to 71 tons, which is down by -55.1% on 2021. Overall, imports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 17%.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds contracted rapidly to $2.6M in 2022. Over the period under review, imports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2021 when imports increased by 7.3%.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 965 | 1,426 | 1,444 | 1,479 | 15.3% |
| Germany | 650 | 732 | 586 | 635 | -0.8% |
| Spain | 1,118 | 740 | 1,176 | 211 | -42.6% |
| Greece | 203 | 9.9 | 6.8 | N/A | -81.7% |
| Poland | 3,158 | 25.7 | 0.7 | N/A | -98.5% |
| Others | 142 | 151 | 97.3 | 266 | 23.3% |
| Total | 6,235 | 3,085 | 3,311 | 2,590 | -25.4% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Italy in 2022:
- China (33.8 tons)
- Spain (19.1 tons)
- Germany (16.6 tons)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy
In 2022, overseas shipments of edible products of animal origin; not elsewhere specified or includeds decreased by -1.3% to 168 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports reached the peak of 170 tons, and then reduced modestly in the following year.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds declined dramatically to $1.7M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.1% 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 +26.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of $2.1M, and then reduced remarkably in the following year.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 442 | 521 | 381 | 590 | 10.1% |
| France | 364 | 358 | 878 | 460 | 8.1% |
| Germany | 234 | 274 | 355 | 298 | 8.4% |
| United Kingdom | 13.5 | 10.2 | 52.0 | 122 | 108.3% |
| Hungary | 47.5 | 59.3 | 85.5 | 40.3 | -5.3% |
| United Arab Emirates | N/A | 17.0 | 25.9 | 37.8 | 49.1% |
| Others | 250 | 407 | 329 | 157 | -14.4% |
| Total | 1,350 | 1,647 | 2,106 | 1,706 | 8.1% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Italy in 2022:
- France (76.8 tons)
- Germany (29.4 tons)
- United Kingdom (21.4 tons)
- Spain (19.9 tons)
- Hungary (8.4 tons)
- United Arab Emirates (2.6 tons)
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