Italy: Market for Colouring Matter Of Vegetable Or Animal Origin 2024

Market Size for Colouring Matter Of Vegetable Or Animal Origin in Italy

The Italian market for colouring matter of vegetable or animal origin shrank remarkably to $X in 2022, which is down by X% against the previous year. In general, consumption, however, continues to indicate mild growth. As a result, consumption attained the peak level of $X, and then declined notably in the following year.

Production of Colouring Matter Of Vegetable Or Animal Origin in Italy

In value terms, vegetable or animal colouring matter production dropped markedly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then declined dramatically in the following year.

Exports of Colouring Matter Of Vegetable Or Animal Origin

Exports from Italy

In 2022, the amount of colouring matter of vegetable or animal origin exported from Italy stood at X tons, increasing by X% against 2021. Over the period under review, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, vegetable or animal colouring matter exports declined modestly to $X in 2022. In general, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined modestly in the following year.

Exports by Country

The United States (X tons) was the main destination for vegetable or animal colouring matter exports from Italy, with a X% share of total exports. Moreover, vegetable or animal colouring matter exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

In value terms, the United States ($X) remains the key foreign market for colouring matter of vegetable or animal origin exports from Italy, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

The average export price for colouring matter of vegetable or animal origin stood at $X per ton in 2022, declining by X% against the previous year. Overall, the export price recorded a mild contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Colouring Matter Of Vegetable Or Animal Origin

Imports into Italy

In 2022, supplies from abroad of colouring matter of vegetable or animal origin increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, vegetable or animal colouring matter imports expanded remarkably to $X in 2022. In general, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Spain (X tons), France (X tons) and Germany (X tons) were the main suppliers of vegetable or animal colouring matter imports to Italy, together comprising X% of total imports. China, India, Austria, the Netherlands, Belgium, Peru and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vegetable or animal colouring matter suppliers to Italy were Austria ($X), Spain ($X) and the Netherlands ($X), with a combined X% share of total imports.

Among the main suppliers, Austria, with a CAGR of X%, saw the highest growth rate of 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 import price for colouring matter of vegetable or animal origin stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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