Italy - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQuinoa Price in Italy - 2023
Contents:
- Quinoa Price in Italy (CIF) - 2023
- Quinoa Price in Italy (FOB) - 2023
- Quinoa Imports in Italy
- Quinoa Exports in Italy
Quinoa Price in Italy (CIF) - 2023
In October 2023, the average quinoa import price amounted to $2,436 per ton, therefore, remained relatively stable against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in June 2023 an increase of 16% m-o-m. As a result, import price attained the peak level of $2,853 per ton. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Peru.
From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +10.9% per month.
Quinoa Price in Italy (FOB) - 2023
The average quinoa export price stood at $4,154 per ton in October 2023, picking up by 8.1% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.0%. The pace of growth was the most pronounced in November 2022 an increase of 13% against the previous month. Over the period under review, the average export prices hit record highs in October 2023.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Ukraine ($5,908 per ton), while the average price for exports to Brazil ($3,212 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Quinoa Imports in Italy
Quinoa imports into Italy surged to 4.9K tons in 2022, with an increase of 35% compared with the year before. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, quinoa imports skyrocketed to $11M in 2022. The total import value increased at an average annual rate of +11.0% 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 2020 when imports increased by 38% against the previous year. As a result, imports attained the peak of $11M; afterwards, it flattened through to 2022.
| Import of Quinoa in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 4.1 | 4.9 | 3.6 | 5.5 | 10.3% |
| Spain | 0.9 | 0.6 | 0.7 | 1.8 | 26.0% |
| France | 1.0 | 1.8 | 1.2 | 0.9 | -3.5% |
| Netherlands | 0.5 | 0.7 | 0.7 | 0.6 | 6.3% |
| Germany | 0.2 | 0.2 | 0.5 | 0.6 | 44.2% |
| Bolivia | 0.4 | 0.9 | 1.1 | 0.4 | 0.0% |
| Austria | 0.1 | 0.5 | 0.2 | 0.3 | 44.2% |
| Slovenia | 0.2 | 0.5 | 0.5 | 0.2 | 0.0% |
| Others | 0.3 | 0.6 | 0.1 | 0.4 | 10.1% |
| Total | 7.8 | 10.7 | 8.5 | 10.7 | 11.1% |
Top Suppliers of Quinoa to Italy in 2022:
- Peru (2774.3 tons)
- Spain (725.8 tons)
- France (384.8 tons)
- Netherlands (241.4 tons)
- Germany (214.3 tons)
- Bolivia (212.3 tons)
- Austria (128.2 tons)
- Slovenia (73.4 tons)
Quinoa Exports in Italy
After three years of growth, shipments abroad of quinoa decreased by -1.9% to 1.4K tons in 2022. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 4.3% against the previous year. As a result, the exports attained the peak of 1.4K tons, and then reduced slightly in the following year.
In value terms, quinoa exports amounted to $4.8M in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Quinoa in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,231 | 2,496 | 2,586 | 1,967 | -4.1% |
| Netherlands | 217 | 245 | 575 | 702 | 47.9% |
| Sweden | 559 | 488 | 390 | 368 | -13.0% |
| Belgium | 24.4 | 48.3 | 87.0 | 349 | 142.7% |
| Spain | 159 | 166 | 171 | 231 | 13.3% |
| Germany | 43.7 | 51.6 | 35.2 | 181 | 60.6% |
| Peru | N/A | N/A | N/A | 179 | 0% |
| United Arab Emirates | 36.3 | 80.5 | 125 | 165 | 65.7% |
| United States | 9.3 | 16.3 | 35.6 | 149 | 152.1% |
| United Kingdom | 65.1 | 19.8 | 44.8 | 80.9 | 7.5% |
| Others | 796 | 712 | 790 | 477 | -15.7% |
| Total | 4,139 | 4,324 | 4,840 | 4,848 | 5.4% |
Top Export Markets for Quinoa from Italy in 2022:
- France (542.1 tons)
- Netherlands (219.1 tons)
- Sweden (108.8 tons)
- Belgium (103.4 tons)
- Peru (76.7 tons)
- Germany (59.2 tons)
- Spain (51.3 tons)
- United Arab Emirates (47.8 tons)
- United Kingdom (29.2 tons)
- United States (25.0 tons)
This report provides an in-depth analysis of the quinoa market 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 92 - Quinoa
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
621
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1621
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