Report Update: Apr 1, 2024

Italy - Preparations Used In Animal Feeding - Market Analysis, Forecast, Size, Trends and Insights

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Price for Preparations for Animal Feeding in Italy - 2023

Price for Preparations for Animal Feeding in Italy (CIF) - 2023

The average preparations for animal feeding import price stood at $2,330 per ton in June 2023, rising by 8.7% 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 March 2023 when the average import price increased by 38% m-o-m. As a result, import price attained the peak level of $2,388 per ton. From April 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($5,269 per ton), while the price for Malaysia ($1,085 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Preparations for Animal Feeding in Italy (FOB) - 2023

In June 2023, the average preparations for animal feeding export price amounted to $1,900 per ton, picking up by 2.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 10% against the previous month. Over the period under review, the average export prices attained the maximum at $1,955 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the Netherlands ($4,319 per ton), while the average price for exports to Myanmar ($508 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Preparations for Animal Feeding in Italy

In 2022, approx. 689K tons of preparations used in animal feeding were imported into Italy; growing by 10% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preparations for animal feeding imports expanded markedly to $1.4B in 2022. The total import value increased at an average annual rate of +12.4% 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 17%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Preparations for Animal Feeding in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	220	243	294	294	10.1%
Germany	150	169	205	221	13.8%
Thailand	116	125	142	191	18.1%
Netherlands	93.5	90.7	108	136	13.3%
Spain	76.7	76.7	99.8	120	16.1%
Austria	51.2	54.0	58.5	70.4	11.2%
Poland	17.7	24.7	39.4	51.7	42.9%
Hungary	55.9	48.4	44.4	47.7	-5.2%
Denmark	33.1	30.5	33.9	45.6	11.3%
Belgium	34.9	37.6	36.0	42.9	7.1%
Czech Republic	9.7	9.0	9.7	21.7	30.8%
Ireland	30.5	24.4	18.6	20.1	-13.0%
Russia	0.4	4.3	6.0	13.7	224.8%
Others	92.7	103	126	120	9.0%
Total	982	1,041	1,222	1,396	12.4%

Top Suppliers of Preparations for Animal Feeding to Italy in 2022:

France (164.6K tons)
Germany (99.0K tons)
Spain (72.1K tons)
Netherlands (63.2K tons)
Austria (47.3K tons)
Thailand (34.3K tons)
Hungary (32.1K tons)
Denmark (31.6K tons)
Poland (28.9K tons)
Belgium (24.4K tons)
Ireland (15.4K tons)
Russia (12.1K tons)
Czech Republic (11.7K tons)

Exports of Preparations for Animal Feeding in Italy

For the third consecutive year, Italy recorded decline in overseas shipments of preparations used in animal feeding, which decreased by -2.4% to 793K tons in 2022. In general, exports recorded a slight curtailment. The smallest decline of -0.1% was in 2020.

In value terms, preparations for animal feeding exports expanded remarkably to $1.3B in 2022. The total export value increased at an average annual rate of +13.6% 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 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Preparations for Animal Feeding in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	52.7	60.0	82.1	104	25.4%
Greece	59.3	63.8	67.3	71.5	6.4%
France	49.5	55.2	62.1	70.7	12.6%
Spain	41.2	52.5	59.5	64.4	16.1%
Poland	34.4	35.5	52.9	57.7	18.8%
Croatia	49.0	42.7	48.7	57.2	5.3%
Philippines	65.5	56.0	93.1	33.8	-19.8%
Vietnam	15.9	14.3	10.7	32.8	27.3%
Indonesia	13.2	12.6	8.6	28.0	28.5%
Israel	18.9	21.6	26.4	26.6	12.1%
Hungary	23.1	22.2	27.6	26.1	4.2%
Albania	11.9	12.8	14.3	19.3	17.5%
Myanmar	1.1	0.7	2.0	10.5	112.1%
Others	423	491	576	655	15.7%
Total	859	941	1,131	1,257	13.5%

Top Export Markets for Preparations for Animal Feeding from Italy in 2022:

Greece (60.4K tons)
Vietnam (55.8K tons)
Indonesia (45.9K tons)
Russia (45.1K tons)
Croatia (43.1K tons)
Philippines (35.8K tons)
Spain (34.9K tons)
France (27.8K tons)
Poland (22.0K tons)
Myanmar (19.5K tons)
Israel (19.2K tons)
Hungary (18.0K tons)
Albania (17.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for preparations for animal feeding 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 10911010 - Premixtures for farm animal feeds
Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)
Prodcom 10921030 - Dog or cat food, p.r.s.

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