Italy: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2022

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Italy

The Italian fruit or nut preserves market fell to $X in 2021, waning by -6.4% against the previous year. In general, consumption, however, saw a mild reduction. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Italy

In value terms, fruit or nut preserves production contracted dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 57%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Italy

In 2021, shipments abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes decreased by -0.5% to X tons, falling for the third consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 28% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, fruit or nut preserves exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 27%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

France (X tons), Germany (X tons) and Austria (X tons) were the main destinations of fruit or nut preserves exports from Italy, with a combined 59% share of total exports. Belgium, the Netherlands, Spain, the United States, the UK, Poland, Greece, Hungary, Slovenia, Switzerland and Tunisia lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +27.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Belgium ($X) were the largest markets for fruit or nut preserves exported from Italy worldwide, together accounting for 55% of total exports. The Netherlands, Austria, the United States, Spain, the UK, Greece, Switzerland, Poland, Slovenia, Hungary and Tunisia lagged somewhat behind, together accounting for a further 28%.

Poland, with a CAGR of +26.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average fruit or nut preserves export price amounted to $X per ton, increasing by 23% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Italy

Fruit or nut preserves imports into Italy soared to X tons in 2021, growing by 19% on the year before. The total import volume increased at an average annual rate of +5.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 22% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, fruit or nut preserves imports stood at $X in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 18%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Spain (X tons) and the Netherlands (X tons) were the main suppliers of fruit or nut preserves imports to Italy, together comprising 73% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +28.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of fruit or nut preserves to Italy, comprising 37% of total imports. The second position in the ranking was held by Turkey ($X), with a 17% share of total imports. It was followed by Spain, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+19.9% per year) and Spain (+23.5% per year).

Import Prices by Country

The average fruit or nut preserves import price stood at $X per ton in 2021, reducing by -15.8% against the previous year. In general, the import price saw a mild curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :