Italy: Avocado Market Overview 2020

Avocado Market Size in Italy

The revenue of the avocado market in Italy amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, avocado consumption continues to indicate a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the avocado market attained its peak figure level in 2018 and is likely to see steady growth in the near future.

Avocado Exports

Exports from Italy

In 2018, approx. X tonnes of avocados were exported from Italy; picking up by X% against the previous year. Over the period under review, avocado exports continue to indicate resilient growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, avocado exports stood at $X in 2018. Over the period under review, avocado exports continue to indicate strong growth. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. In that year, avocado exports reached their peak of $X. From 2017 to 2018, the growth of avocado exports failed to regain its momentum.

Exports by Country

Austria (X tonnes), Greece (X tonnes) and Slovenia (X tonnes) were the main destinations of avocado exports from Italy, together comprising X% of total exports. Spain, Croatia, Malta, Slovakia, the Netherlands, Saudi Arabia, Lithuania, Bulgaria and Germany lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Lithuania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Austria ($X) and Greece ($X) constituted the largest markets for avocado exported from Italy worldwide, together comprising X% of total exports. These countries were followed by Spain, Croatia, Slovakia, Malta, the Netherlands, Bulgaria, Germany, Saudi Arabia and Lithuania, which together accounted for a further X (+X% per year) experienced the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average avocado export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price indicated temperate growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, avocado export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. In that year, the average export prices for avocados attained their peak level of $X per tonne, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Slovenia ($X per tonne), while the average price for exports to Lithuania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Italy

In 2018, the amount of avocados imported into Italy totaled X tonnes, picking up by X% against the previous year. Over the period under review, avocado imports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, avocado imports totaled $X in 2018. In general, avocado imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, avocado imports reached their maximum in 2018 and are likely to see steady growth in the near future.

Imports by Country

The Netherlands (X tonnes), France (X tonnes) and Spain (X tonnes) were the main suppliers of avocado imports to Italy, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest avocado suppliers to Italy were the Netherlands ($X), France ($X) and Spain ($X), with a combined X% share of total imports.

The Netherlands experienced the highest growth rate of imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average avocado import price amounted to $X per tonne, waning by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2017, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform