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Italy - Chicory - Market Analysis, Forecast, Size, Trends and Insights
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Italy: Chicory Market Overview 2021

Chicory Market Size in Italy

For the fourth year in a row, the Italian chicory market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption showed prominent growth. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, the market reached the peak level in 2020 and is likely to see steady growth in the near future.

Chicory Exports

Exports from Italy

In 2020, chicory exports from Italy skyrocketed to X tonnes, with an increase of X% on 2019. In general, exports enjoyed a significant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, chicory exports surged to $X in 2020. Over the period under review, exports enjoyed significant growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X tonnes) and Argentina (X tonnes) were the main destinations of chicory exports from Italy.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (+X% per year).

In value terms, the largest markets for chicory exported from Italy were Argentina ($X) and New Zealand ($X Zealand (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average chicory export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price showed buoyant growth. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was Argentina ($X per tonne), while the average price for exports to New Zealand stood at $X per tonne.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Argentina.

Chicory Imports

Imports into Italy

In 2020, approx. X tonnes of chicory were imported into Italy; jumping by X% compared with the year before. Overall, imports enjoyed a strong expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2020 and are likely to see steady growth in the near future.

In value terms, chicory imports expanded notably to $X in 2020. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the immediate term.

Imports by Country

France (X tonnes), Belgium (X tonnes) and India (X tonnes) were the main suppliers of chicory imports to Italy, with a combined X% share of total imports.

From 2012 to 2020, the biggest increases were in India, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and India ($X) constituted the largest chicory suppliers to Italy, with a combined X% share of total imports.

In terms of the main suppliers, India saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average chicory import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for chicory in the world?
+
Belgium (311K tonnes) constituted the country with the largest volume of chicory consumption, comprising approx. 67% of total volume. Moreover, chicory consumption in Belgium exceeded the figures recorded by the second-largest consumer, the Netherlands (51K tonnes), sixfold. The third position in this ranking was occupied by France (40K tonnes), with a 8.6% share.
What are the largest producers of chicory in the world?
+
Belgium (312K tonnes) remains the largest chicory producing country worldwide, comprising approx. 68% of total volume. Moreover, chicory production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (53K tonnes), sixfold. France (40K tonnes) ranked third in terms of total production with a 8.6% share.
What are the leading suppliers of chicory to Italy?
+
In value terms, Belgium ($214K), France ($137K) and India ($97K) were the largest chicory suppliers to Italy, with a combined 83% share of total imports.
What are the leading importers of chicory from Italy?
+
In value terms, Argentina ($99K) and New Zealand ($97K) constituted the largest markets for chicory exported from Italy worldwide.
What is the average export price for chicory in Italy?
+
The average chicory export price stood at $6,487 per tonne in 2020, rising by 195% against the previous year.
What is the average import price for chicory in Italy?
+
The average chicory import price stood at $848 per tonne in 2020, with a decrease of -3.6% against the previous year.

Product coverage:
• FCL 459 - Chicory roots

This report provides an in-depth analysis of the chicory 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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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