Italy - Vinegar - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVinegar Price in Italy - 2023
Contents:
- Vinegar Price in Italy (FOB) - 2023
- Vinegar Price in Italy (CIF) - 2022
- Vinegar Exports in Italy
- Vinegar Imports in Italy
Vinegar Price in Italy (FOB) - 2023
The average vinegar export price stood at $2,926 per ton in July 2023, waning by -5.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in June 2023 an increase of 16% month-to-month. As a result, the export price reached the peak level of $3,094 per ton, and then reduced in the following month.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was South Korea ($4,442 per ton), while the average price for exports to Spain ($2,210 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Vinegar Price in Italy (CIF) - 2022
In 2022, the average vinegar import price amounted to $513 per ton, which is down by -3.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure at $556 per ton in 2013; however, from 2014 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 the UK ($1,431 per ton), while the price for Greece ($342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.1%), while the prices for the other major suppliers experienced a decline.
Vinegar Exports in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of vinegar, when their volume decreased by -7.1% to 119K tons. Overall, exports continue to indicate a slight descent. The pace of growth was the most pronounced in 2021 with an increase of 1.4%. As a result, the exports attained the peak of 128K tons, and then dropped in the following year.
In value terms, vinegar exports reduced to $314M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 11% against the previous year.
Export of Vinegar in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 91.9 | 103 | 113 | 100 | 2.9% |
Germany | 46.4 | 49.5 | 48.4 | 43.3 | -2.3% |
France | 26.4 | 29.7 | 31.7 | 28.6 | 2.7% |
United Kingdom | 17.6 | 18.6 | 18.5 | 16.7 | -1.7% |
Canada | 15.0 | 18.6 | 18.0 | 16.6 | 3.4% |
Switzerland | 11.6 | 13.4 | 14.0 | 11.4 | -0.6% |
Austria | 9.5 | 11.8 | 11.4 | 10.5 | 3.4% |
South Korea | 4.6 | 8.0 | 11.4 | 10.4 | 31.2% |
Spain | 10.8 | 10.6 | 11.5 | 10.1 | -2.2% |
Australia | 9.7 | 11.0 | 9.8 | 8.5 | -4.3% |
Others | 58.4 | 60.3 | 64.2 | 58.0 | -0.2% |
Total | 302 | 334 | 352 | 314 | 1.3% |
Top Export Markets for Vinegar from Italy in 2022:
- United States (35.4K tons)
- Germany (17.6K tons)
- France (14.0K tons)
- Spain (6.4K tons)
- United Kingdom (6.1K tons)
- Canada (4.9K tons)
- Australia (4.0K tons)
- Austria (3.5K tons)
- Switzerland (2.8K tons)
- South Korea (2.3K tons)
Vinegar Imports in Italy
In 2022, approx. 63K tons of vinegar were imported into Italy; growing by 11% on 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11%.
In value terms, vinegar imports rose sharply to $33M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Vinegar in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 10.8 | 7.9 | 5.3 | 8.9 | -6.2% |
Spain | 6.1 | 6.4 | 8.3 | 6.6 | 2.7% |
Germany | 3.5 | 3.9 | 4.1 | 3.7 | 1.9% |
Netherlands | 0.3 | 0.5 | 1.1 | 2.9 | 113.0% |
France | 0.4 | 0.4 | 1.1 | 2.9 | 93.5% |
Czech Republic | 2.0 | 2.3 | 3.0 | 2.3 | 4.8% |
United Kingdom | 2.7 | 1.8 | 3.7 | 1.6 | -16.0% |
Belgium | 0.1 | 0.2 | 0.6 | 1.4 | 141.0% |
Portugal | 2.1 | 1.8 | 0.9 | 0.4 | -42.5% |
Others | 1.6 | 1.4 | 2.4 | 1.7 | 2.0% |
Total | 29.6 | 26.7 | 30.5 | 32.5 | 3.2% |
Top Suppliers of Vinegar to Italy in 2022:
- Greece (26.0K tons)
- Spain (13.0K tons)
- Czech Republic (6.4K tons)
- Germany (4.5K tons)
- France (4.3K tons)
- Netherlands (3.5K tons)
- Belgium (2.6K tons)
- United Kingdom (1.1K tons)
- Portugal (0.6K tons)
This report provides an in-depth analysis of the vinegar 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:
- Prodcom 10841130 - Vinegar and substitutes for vinegar made from wine
- Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)
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
This report provides an in-depth analysis of the vinegar market in Italy.
This report provides an in-depth analysis of the global vinegar market.
This report provides an in-depth analysis of the vinegar market in Italy.
This report provides an in-depth analysis of the global vinegar market.
The pace of growth appeared the most rapid in May 2023 when exports increased by 38% against the previous month.In value terms, vinegar exports expanded modestly to $35M in November 2023.
Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
The pace of growth appeared the most rapid in May 2023 when exports increased by 38% against the previous month.In value terms, vinegar exports expanded modestly to $35M in November 2023.
Explore the top import markets for vinegar in 2022. Discover the growing demand, consumer preferences, and opportunities for international producers in the United States, Germany, France, Canada, and the United Kingdom.
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...
In 2016, approx. X tons of vinegar were imported worldwide- jumping by X% against the previous year figure. Overall, it indicated a prominent increase from 2007 to 2016: the total imports volume ...