Italy: Grain Market Overview 2020

Grain Market Size in Italy

The revenue of the grain market in Italy amounted to $X in 2017, going down by -X% against the previous year. Overall, grain consumption continues to indicate a mild reduction. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. Italy grain consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Grain Production in Italy

Grain production in Italy amounted to X tonnes in 2017, approximately equating the previous year. Overall, grain production continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. Italy grain production peaked of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level. Grain output in Italy indicated a mild drop, which was largely conditioned by a mild descent of the harvested area and a relatively flat trend pattern in yield figures.

In 2017, average yield of grain in Italy amounted to X tonne per ha, standing approx. at the previous year. Overall, grain yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when yield increased by X% against the previous year. In that year, the grain yield attained their peak level of X tonne per ha. From 2009 to 2017, growth of the grain yield stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the total area harvested in terms of grain production in Italy amounted to X ha, dropping by -X% against the previous year. Overall, grain harvested area continues to indicate a moderate contraction. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. Italy grain harvested area peaked of X ha in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Grain Exports from Italy

In 2017, exports of grain from Italy totaled X tonnes, rising by X% against the previous year. In general, grain exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when exports increased by X% against the previous year. Italy exports peaked of X tonnes in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, grain exports totaled $X in 2017. In general, grain exports continue to indicate a slight expansion. Italy exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Grain Exports by Country from Italy

In 2017, the U.S. (X tonnes), distantly followed by Russia (X tonnes), Argentina (X tonnes), Ukraine (X tonnes), Australia (X tonnes), Brazil (X tonnes), Canada (X tonnes) and France (X tonnes) were the major exporters of grain, together committing X% of total exports. The following exporters - Romania (X tonnes), Germany (X tonnes) and Hungary (X tonnes) together made up X% of total exports.

The U.S. experienced a relatively flat trend pattern of grain exports. At the same time, Romania (+X%), Ukraine (+X%), Russia (+X%), Brazil (+X%), Australia (+X%), Argentina (+X%), Germany (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Hungary and France experienced a relatively flat trend pattern. While the share of Romania (-X%), Australia (-X%), Argentina (-X%), Brazil (-X%), Ukraine (-X%) and Russia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest grain supplier from Italy, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

From 2007 to 2017, the average annual growth rate of value in the U.S. amounted to -X%. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Argentina (+X% per year).

Grain Export Prices by Country in Italy

In 2017, the grain export price in Italy amounted to $X per tonne, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Over the period under review, the export prices for grain attained its maximum level of $X per tonne in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Canada ($X per tonne) and France ($X per tonne), while Argentina ($X per tonne) and Russia ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Australia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Grain Imports into Italy

In 2017, imports of grain into Italy totaled X tonnes, jumping by X% against the previous year. Overall, the total imports indicated a notable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the grain imports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the grain imports reached its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, grain imports totaled $X in 2017. In general, grain imports continue to indicate a relatively flat trend pattern. Over the period under review, the grain imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Grain Imports by Country into Italy

In 2017, Japan (X tonnes), Mexico (X tonnes), China (X tonnes), Egypt (X tonnes), Spain (X tonnes), Italy (X tonnes), Saudi Arabia (X tonnes), Viet Nam (X tonnes), Algeria (X tonnes), the Netherlands (X tonnes), Indonesia (X tonnes) and South Korea (X tonnes) were the key importers of grain in the world, making up X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Viet Nam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Egypt ($X) were the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Mexico, Indonesia, Spain, Italy, South Korea, Algeria, the Netherlands, Saudi Arabia and Viet Nam lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Viet Nam (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Grain Import Prices by Country in Italy

In 2017, the grain import price in Italy amounted to $X per tonne, remaining constant against the previous year. Overall, grain import price continues to indicate a measured shrinkage. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. In that year, the import prices for grain attained their peak level of $X per tonne. From 2009 to 2017, growth of the import prices for grain stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Indonesia ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform