Italy: Prepared Baking Powder Market Overview 2020

Prepared Baking Powder Market Size in Italy

The revenue of the prepared baking powder market in Italy amounted to $X in 2018, coming down by -X% against the previous year. Over the period under review, prepared baking powder consumption, however, continues to indicate a temperate decline. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Prepared baking powder consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Prepared Baking Powder Production in Italy

In value terms, prepared baking powder production totaled $X in 2018 estimated in export prices. In general, prepared baking powder production, however, continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Over the period under review, prepared baking powder production attained its peak figure level at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Prepared Baking Powder Exports

Exports from Italy

Prepared baking powder exports from Italy amounted to X tonnes in 2018, growing by X% against the previous year. In general, prepared baking powder exports, however, continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. In that year, prepared baking powder exports reached their peak of X tonnes. From 2010 to 2018, the growth of prepared baking powder exports remained at a somewhat lower figure.

In value terms, prepared baking powder exports stood at $X in 2018. Over the period under review, prepared baking powder exports, however, continue to indicate a deep curtailment. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

Croatia (X tonnes) was the main destination for prepared baking powder exports from Italy, with a X% share of total exports. Moreover, prepared baking powder exports to Croatia exceeded the volume sent to the second major destination, the U.S. (X tonnes), threefold. Oman (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Croatia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Oman (+X% per year).

In value terms, the largest markets for prepared baking powder exported from Italy were Switzerland ($X), Nigeria ($X) and Croatia ($X), together comprising X% of total exports. These countries were followed by Oman, the U.S., Austria, Kuwait, Madagascar, Belgium, France, Malaysia and China, Macao SAR, which together accounted for a further X U.S. experienced the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prepared baking powder export price stood at $X per tonne in 2018, rising by X% against the previous year. In general, the prepared baking powder export price continues to indicate modest growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Croatia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced a decline.

Prepared Baking Powder Imports

Imports into Italy

In 2018, approx. X tonnes of prepared baking powders were imported into Italy; going down by -X% against the previous year. In general, prepared baking powder imports continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, prepared baking powder imports amounted to $X in 2018. In general, prepared baking powder imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Imports peaked at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest prepared baking powder supplier to Italy, with a X% share of total imports. Moreover, prepared baking powder imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tonnes), sevenfold. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Brazil (-X% per year).

In value terms, China ($X), Germany ($X) and Belgium ($X) appeared to be the largest prepared baking powder suppliers to Italy, with a combined X% share of total imports. These countries were followed by France, Austria, Egypt and Brazil, which together accounted for a further X terms of the main suppliers, Egypt recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average prepared baking powder import price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the prepared baking powder import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average import prices for prepared baking powders reached their maximum at $X per tonne in 2014; however, from 2015 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform