Price for Homogenised Composite Food Preparations in Italy - 2023
Contents:
- Price for Homogenised Composite Food Preparations in Italy (CIF) - 2023
- Price for Homogenised Composite Food Preparations in Italy (FOB) - 2022
- Imports of Homogenised Composite Food Preparations in Italy
- Exports of Homogenised Composite Food Preparations in Italy
Price for Homogenised Composite Food Preparations in Italy (CIF) - 2023
The average homogenised composite food preparations import price stood at $7,278 per ton in January 2023, picking up by 28% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 47% against the previous month. The import price peaked in January 2023.
Prices varied noticeably by the country of origin: the country with the highest price was France ($12.2 per kg), while the price for Greece ($2,177 per ton) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Romania (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
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Price for Homogenised Composite Food Preparations in Italy (FOB) - 2022
In 2022, the average homogenised composite food preparations export price amounted to $3,792 per ton, waning by -25.3% against the previous year. In general, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices hit record highs at $6,303 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($9,741 per ton), while the average price for exports to the UK ($2,662 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 Brazil (+12.0%), while the prices for the other major destinations experienced a decline.
Imports of Homogenised Composite Food Preparations in Italy
In 2022, the amount of homogenised composite food preparationses imported into Italy declined slightly to 2.8K tons, waning by -3.5% against the year before. Overall, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 2.2%. Over the period under review, imports reached the maximum at 16K tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, homogenised composite food preparations imports fell to $16M in 2022. Over the period under review, imports showed a precipitous decline. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. Over the period under review, imports attained the peak figure at $46M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Homogenised Composite Food Preparations in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.8 | 9.7 | 10.0 | 10.1 | -2.2% |
| France | 1.8 | 2.4 | 2.7 | 1.9 | 1.8% |
| Poland | 20.2 | 0.7 | 1.1 | 1.0 | -63.3% |
| Austria | 0.4 | 0.5 | 1.0 | 1.0 | 35.7% |
| Spain | 2.7 | 2.0 | 2.3 | 0.9 | -30.7% |
| Greece | 0.5 | 0.5 | 0.4 | 0.3 | -15.7% |
| Romania | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Netherlands | 3.6 | 0.1 | 0.1 | 0.1 | -69.7% |
| Czech Republic | 5.8 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.3 | 0.5 | 0.4 | -12.6% |
| Total | 46.5 | 16.4 | 18.2 | 15.8 | -30.2% |
Top Suppliers of Homogenised Composite Food Preparations to Italy in 2022:
- Germany (1495.8 tons)
- Spain (256.5 tons)
- Austria (202.4 tons)
- France (197.6 tons)
- Poland (177.3 tons)
- Greece (129.4 tons)
- Romania (97.4 tons)
- Netherlands (55.7 tons)
Exports of Homogenised Composite Food Preparations in Italy
For the fourth year in a row, Italy recorded growth in overseas shipments of homogenised composite food preparationses, which increased by 101% to 4.9K tons in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, homogenised composite food preparations exports soared to $19M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Homogenised Composite Food Preparations in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.4 | 2.8 | 5.7 | 8.6 | 53.0% |
| United Kingdom | 0.2 | 0.1 | 0.4 | 5.1 | 194.3% |
| Brazil | 1.1 | 0.6 | 0.9 | 0.9 | -6.5% |
| France | 1.1 | 1.2 | 0.6 | 0.5 | -23.1% |
| Austria | N/A | 0.1 | 0.4 | 0.5 | 123.6% |
| United States | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Canada | 1.6 | 0.8 | 0.7 | 0.3 | -42.8% |
| Russia | 0.7 | 1.9 | 1.8 | 0.3 | -24.6% |
| Others | 2.8 | 3.2 | 1.8 | 2.3 | -6.3% |
| Total | 10.0 | 10.9 | 12.5 | 18.8 | 23.4% |
Top Export Markets for Homogenised Composite Food Preparations from Italy in 2022:
- Germany (2153.6 tons)
- United Kingdom (1934.1 tons)
- Austria (167.0 tons)
- United States (99.0 tons)
- Brazil (95.5 tons)
- Russia (73.7 tons)
- France (66.6 tons)
- Canada (60.5 tons)
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