Italy: Preserved Salmon Market 2024

Preserved Salmon Market Size in Italy

The Italian preserved salmon market rose markedly to $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated a measured 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. Preserved salmon consumption peaked in 2022 and is likely to continue growth in the near future.

Preserved Salmon Production in Italy

In value terms, preserved salmon production contracted to $X in 2022 estimated in export price. In general, production saw a noticeable reduction. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Preserved Salmon Exports

Exports from Italy

In 2022, overseas shipments of salmon (prepared or preserved) decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved salmon exports reduced to $X in 2022. Over the period under review, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Malta (X tons), Canada (X tons) and Greece (X tons) were the main destinations of preserved salmon exports from Italy, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malta ($X), Canada ($X) and Greece ($X) were the largest markets for preserved salmon exported from Italy worldwide, together comprising X% of total exports.

Canada, with a CAGR of X%, saw 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

The average preserved salmon export price stood at $X per ton in 2022, stabilizing at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Germany ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Salmon Imports

Imports into Italy

In 2022, supplies from abroad of salmon (prepared or preserved) was finally on the rise to reach X tons after two years of decline. Over the period under review, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, preserved salmon imports surged to $X in 2022. Overall, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), Portugal (X tons) and Denmark (X tons) were the main suppliers of preserved salmon imports to Italy, together accounting for X% of total imports. France, Germany, the Netherlands, Sweden and Canada 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 the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Portugal ($X) and Denmark ($X) were the largest preserved salmon suppliers to Italy, with a combined X% share of total imports. France, Germany, Sweden, the Netherlands and Canada lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved salmon import price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Canada ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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