Italy - Vegetables (Preserved And Frozen) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Preserved and Frozen Vegetable in Italy - 2023
Contents:
- Price for Preserved and Frozen Vegetable in Italy (CIF) - 2023
- Price for Preserved and Frozen Vegetable in Italy (FOB) - 2023
- Imports of Preserved and Frozen Vegetable in Italy
- Exports of Preserved and Frozen Vegetable in Italy
Price for Preserved and Frozen Vegetable in Italy (CIF) - 2023
The average preserved and frozen vegetable import price stood at $1,810 per ton in August 2023, therefore, remained relatively stable against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +3.7%. The most prominent rate of growth was recorded in September 2022 an increase of 11% against the previous month. Over the period under review, average import prices reached the maximum at $1,827 per ton in July 2023, and then declined modestly in the following month.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were France ($2,152 per ton) and Spain ($2,039 per ton), while the price for Belgium ($1,657 per ton) and the Netherlands ($1,681 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Preserved and Frozen Vegetable in Italy (FOB) - 2023
In August 2023, the average preserved and frozen vegetable export price amounted to $3,670 per ton, dropping by -2.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in December 2022 an increase of 12% month-to-month. Over the period under review, the average export prices hit record highs at $3,779 per ton in July 2023, and then reduced modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($4,691 per ton), while the average price for exports to Australia ($823 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Preserved and Frozen Vegetable in Italy
In 2022, approx. 300K tons of vegetables (preserved, frozen) were imported into Italy; growing by 13% on the year before. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, preserved and frozen vegetable imports surged to $398M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Preserved and Frozen Vegetable in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 102 | 71.8 | 101 | 140 | 11.1% |
| France | 94.2 | 77.6 | 97.4 | 107 | 4.3% |
| Belgium | 61.1 | 54.8 | 62.3 | 78.6 | 8.8% |
| Germany | 38.7 | 32.0 | 35.8 | 47.6 | 7.1% |
| Spain | 8.0 | 10.0 | 9.2 | 8.3 | 1.2% |
| Others | 19.5 | 20.5 | 21.4 | 17.1 | -4.3% |
| Total | 324 | 267 | 327 | 398 | 7.1% |
Top Suppliers of Preserved and Frozen Vegetable to Italy in 2022:
- Netherlands (110.1K tons)
- Belgium (79.1K tons)
- France (61.2K tons)
- Germany (37.5K tons)
- Spain (4.1K tons)
Exports of Preserved and Frozen Vegetable in Italy
In 2022, shipments abroad of vegetables (preserved, frozen) decreased by -22.4% to 30K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a slight decrease. The most prominent rate of growth was recorded in 2020 with an increase of 17%.
In value terms, preserved and frozen vegetable exports declined sharply to $82M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 23%.
| Export of Preserved and Frozen Vegetable in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 42.7 | 61.0 | 62.4 | 49.7 | 5.2% |
| France | 14.7 | 14.2 | 14.1 | 12.3 | -5.8% |
| Canada | 1.0 | 2.7 | 2.5 | 2.4 | 33.9% |
| Germany | 1.9 | 2.1 | 2.4 | 2.1 | 3.4% |
| Malta | 1.3 | 1.2 | 1.4 | 1.5 | 4.9% |
| Japan | 9.1 | 6.2 | 10.1 | 1.1 | -50.6% |
| Croatia | 0.2 | 0.3 | 0.5 | 0.6 | 44.2% |
| Others | 10.4 | 11.9 | 13.8 | 12.5 | 6.3% |
| Total | 81.3 | 99.6 | 107 | 82.4 | 0.4% |
Top Export Markets for Preserved and Frozen Vegetable from Italy in 2022:
- United States (18.3K tons)
- France (4.3K tons)
- Malta (1.2K tons)
- Canada (1.0K tons)
- Germany (0.6K tons)
- Croatia (0.5K tons)
- Japan (0.4K tons)
This report provides an in-depth analysis of the market for preserved and frozen vegetable 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:
- FCL 475 - Vegetables, Preserved (Frozen)
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
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