Italy - Spinach - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpinach Price in Italy - 2023
Contents:
- Spinach Price in Italy (FOB) - 2023
- Spinach Price in Italy (CIF) - 2022
- Spinach Exports in Italy
- Spinach Imports in Italy
Spinach Price in Italy (FOB) - 2023
In June 2023, the average spinach export price amounted to $4,332 per ton, picking up by 17% against the previous month. In general, export price indicated a mild expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, spinach export price increased by +61.1% against March 2023 indices. The growth pace was the most rapid in May 2023 when the average export price increased by 25% against the previous month. Over the period under review, the average export prices attained the maximum in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($7,483 per ton), while the average price for exports to Latvia ($1,094 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 Austria (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Spinach Price in Italy (CIF) - 2022
The average spinach import price stood at $1,555 per ton in 2022, waning by -2.6% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The growth pace was the most rapid in 2017 when the average import price increased by 35%. Over the period under review, average import prices hit record highs at $1,667 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($2,292 per ton), while the price for Belgium ($960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Spinach Exports in Italy
In 2022, overseas shipments of spinach decreased by -1.3% to 38K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.0% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of 39K tons, and then contracted modestly in the following year.
In value terms, spinach exports contracted to $102M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +57.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $113M, and then shrank in the following year.
| Export of Spinach in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.0 | 22.7 | 35.4 | 32.9 | 20.1% |
| United Kingdom | 9.2 | 12.6 | 21.5 | 19.6 | 28.7% |
| Netherlands | 7.1 | 7.5 | 9.5 | 8.9 | 7.8% |
| France | 2.7 | 3.8 | 5.1 | 5.5 | 26.8% |
| Poland | 2.5 | 3.5 | 4.2 | 4.9 | 25.1% |
| Sweden | 3.9 | 3.6 | 4.7 | 4.1 | 1.7% |
| Switzerland | 1.0 | 2.0 | 4.3 | 3.8 | 56.0% |
| Denmark | 2.6 | 2.9 | 3.5 | 3.2 | 7.2% |
| Romania | 1.1 | 1.8 | 2.3 | 2.2 | 26.0% |
| Austria | 1.3 | 1.5 | 1.9 | 1.7 | 9.4% |
| Norway | 1.0 | 1.2 | 1.8 | 1.7 | 19.3% |
| Croatia | 1.0 | 1.2 | 1.5 | 1.6 | 17.0% |
| Bulgaria | 0.7 | 0.6 | 1.2 | 1.1 | 16.3% |
| Others | 11.6 | 13.5 | 16.2 | 10.9 | -2.1% |
| Total | 64.6 | 78.2 | 113 | 102 | 16.4% |
Top Export Markets for Spinach from Italy in 2022:
- Germany (10.0K tons)
- United Kingdom (8.9K tons)
- Netherlands (3.5K tons)
- France (2.7K tons)
- Poland (1.8K tons)
- Sweden (1.8K tons)
- Denmark (1.1K tons)
- Romania (1.0K tons)
- Switzerland (1.0K tons)
- Norway (0.8K tons)
- Croatia (0.7K tons)
- Bulgaria (0.7K tons)
- Austria (0.6K tons)
Spinach Imports in Italy
Spinach imports into Italy skyrocketed to 2.1K tons in 2022, with an increase of 112% compared with the year before. Over the period under review, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, spinach imports skyrocketed to $3.2M in 2022. Overall, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Spinach in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 108 | 84.2 | 143 | 1,232 | 125.1% |
| France | 697 | 454 | 619 | 746 | 2.3% |
| Germany | 516 | 110 | 49.5 | 498 | -1.2% |
| Spain | 537 | 200 | 446 | 424 | -7.6% |
| Poland | 2.4 | N/A | 5.9 | 90.4 | 235.2% |
| Netherlands | 21.9 | N/A | 113 | 81.8 | 55.2% |
| Belgium | 64.8 | 46.6 | 103 | 71.7 | 3.4% |
| United Kingdom | 114 | 54.5 | 19.8 | N/A | -58.3% |
| Others | 65.8 | 27.4 | 58.6 | 75.8 | 4.8% |
| Total | 2,127 | 976 | 1,558 | 3,220 | 14.8% |
Top Suppliers of Spinach to Italy in 2022:
- Sweden (792.2 tons)
- France (405.4 tons)
- Germany (364.9 tons)
- Spain (304.7 tons)
- Belgium (74.7 tons)
- Netherlands (43.1 tons)
- Poland (39.4 tons)
This report provides an in-depth analysis of the spinach 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 373 - Spinach
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
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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
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