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Italy - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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Italy: Animal Fats Market Overview 2021

Animal Fats Market Size in Italy

The Italian animal fats market totaled $X in 2019, rising by X% against the previous year. Overall, consumption enjoyed notable growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Animal fats consumption peaked in 2019 and is expected to retain growth in the immediate term.

Animal Fats Production in Italy

In value terms, animal fats production stood at $X in 2019 estimated in export prices. In general, production showed a pronounced increase. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Animal fats production peaked in 2019 and is likely to see gradual growth in the near future.

Animal Fats Exports

Exports from Italy

After two years of decline, overseas shipments of animal fats and oils increased by X% to X tonnes in 2019. In general, exports recorded a strong expansion. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

In value terms, animal fats exports soared to $X in 2019. Overall, exports continue to indicate strong growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tonnes) was the main destination for animal fats exports from Italy, with a X% share of total exports. Moreover, animal fats exports to France exceeded the volume sent to the second major destination, China (X tonnes), ninefold. The Netherlands (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and the Netherlands (-X% per year).

In value terms, France ($X) remains the key foreign market for animal fats exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2019, the average annual growth rate of value to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and China (-X% per year).

Export Prices by Country

The average animal fats export price stood at $X per tonne in 2019, increasing by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Germany ($X per tonne), while the average price for exports to Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Animal Fats Imports

Imports into Italy

In 2019, supplies from abroad of animal fats and oils increased by X% to X tonnes for the first time since 2016, thus ending a two-year declining trend. Overall, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, animal fats imports surged to $X in 2019. Over the period under review, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2019 and are likely to continue growth in years to come.

Imports by Country

In 2019, Spain (X tonnes) constituted the largest supplier of animal fats to Italy, with a X% share of total imports. Moreover, animal fats imports from Spain exceeded the figures recorded by the second-largest supplier, Bulgaria (X tonnes), sevenfold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and the UK (+X% per year).

In value terms, China ($X) constituted the largest supplier of animal fats to Italy, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Spain (+X% per year).

Import Prices by Country

The average animal fats import price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per tonne in 2018, and then shrank notably in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for Bulgaria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the world?
+
China (400K tonnes) constituted the country with the largest volume of animal fats consumption, comprising approx. 16% of total volume. Moreover, animal fats consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (184K tonnes), twofold. The third position in this ranking was occupied by Italy (160K tonnes), with a 6.3% share.
What are the largest producers of animal fats and oils in the world?
+
The country with the largest volume of animal fats production was China (404K tonnes), accounting for 16% of total volume. Moreover, animal fats production in China exceeded the figures recorded by the second-largest producer, the U.S. (183K tonnes), twofold. The third position in this ranking was occupied by Italy (160K tonnes), with a 6.3% share.
What are the leading suppliers of animal fats and oils to Italy?
+
In value terms, China ($3M) constituted the largest supplier of animal fats to Italy, comprising 38% of total imports. The second position in the ranking was occupied by the UK ($1.4M), with a 18% share of total imports. It was followed by Spain, with a 14% share.
What are the leading importers of animal fats and oils from Italy?
+
In value terms, France ($1M) remains the key foreign market for animal fats exports from Italy, comprising 56% of total exports. The second position in the ranking was occupied by Germany ($370K), with a 20% share of total exports. It was followed by China, with a 8.5% share.
What is the average export price for animal fats and oils in Italy?
+
In 2019, the average animal fats export price amounted to $1,457 per tonne, rising by 4.6% against the previous year.
What is the average import price for animal fats and oils in Italy?
+
In 2019, the average animal fats import price amounted to $4,525 per tonne, reducing by -64.1% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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