Report Italy - Fonio - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 23, 2021

Italy - Fonio - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Italy: Fonio Market Overview 2021

Fonio Market Size in Italy

The Italian fonio market surged to $X in 2020, rising 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). Overall, consumption posted significant growth. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. Fonio consumption peaked in 2020 and is likely to see gradual growth in years to come.

Fonio Exports

Exports from Italy

In 2020, shipments abroad of fonio increased by X% to X tonnes, rising for the third consecutive year after five years of decline. Over the period under review, exports, however, continue to indicate a abrupt curtailment. Exports peaked at X tonnes in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, fonio exports surged to $X in 2020. In general, exports, however, posted mild growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tonnes) was the main destination for fonio exports from Italy, with a X% share of total exports. Moreover, fonio exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X tonnes), twofold.

From 2012 to 2020, the average annual growth rate of volume to Belgium amounted to +X%.

In value terms, the largest markets for fonio exported from Italy were the Netherlands ($X) and Belgium ($X Netherlands recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average fonio export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price saw a strong increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Belgium totaled $X per tonne.

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

Fonio Imports

Imports into Italy

In 2020, after two years of decline, there was significant growth in overseas purchases of fonio, when their volume increased by X% to X tonnes. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fonio imports soared to $X in 2020. Over the period under review, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Belgium (X tonnes) was the main fonio supplier to Italy, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Belgium stood at +X%.

In value terms, Belgium ($X) constituted the largest supplier of fonio to Italy.

From 2012 to 2020, the average annual growth rate of value from Belgium amounted to +X%.

Import Prices by Country

The average fonio import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the import price saw a abrupt downturn. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2020, the rate of growth in terms of prices for Belgium amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fonio in the world?
+
Guinea (566K tonnes) remains the largest fonio consuming country worldwide, accounting for 76% of total volume. Moreover, fonio consumption in Guinea exceeded the figures recorded by the second-largest consumer, Nigeria (85K tonnes), sevenfold. The third position in this ranking was occupied by Mali (42K tonnes), with a 5.6% share.
What are the largest producers of fonio in the world?
+
The country with the largest volume of fonio production was Guinea (566K tonnes), comprising approx. 76% of total volume. Moreover, fonio production in Guinea exceeded the figures recorded by the second-largest producer, Nigeria (85K tonnes), sevenfold. Mali (42K tonnes) ranked third in terms of total production with a 5.6% share.
What are the leading suppliers of fonio to Italy?
+
In value terms, Belgium ($38K) constituted the largest supplier of fonio to Italy.
What are the leading importers of fonio from Italy?
+
In value terms, the Netherlands ($18K) and Belgium ($11K) were the largest markets for fonio exported from Italy worldwide.
What is the average export price for fonio in Italy?
+
The average fonio export price stood at $5,281 per tonne in 2020, jumping by 81% against the previous year.
What is the average import price for fonio in Italy?
+
The average fonio import price stood at $2,267 per tonne in 2020, falling by -16.1% against the previous year.
Product coverage:
• FCL 94 - Fonio

This report provides an in-depth analysis of the fonio 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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