Italy - Cream Fresh - Market Analysis, Forecast, Size, Trends And Insights
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View PricingItaly's Cream Fresh Imports Decline to $221M in 2023
Italy Cream Fresh Imports
In 2023, purchases abroad of cream fresh increased by 10% to 85K tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 with an increase of 11% against the previous year. Imports peaked at 92K tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.
In value terms, cream fresh imports shrank slightly to $221M (IndexBox estimates) in 2023. Overall, total imports indicated a pronounced increase from 2015 to 2023: its value increased at an average annual rate of +4.7% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by +43.4% against 2020 indices. The pace of growth appeared the most rapid in 2022 when imports increased by 33% against the previous year. As a result, imports reached the peak of $228M, and then declined slightly in the following year.
| COUNTRY | Import Value of Cream Fresh in Italy (million USD) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Germany | 36.8 | 45.2 | 68.3 | 85.2 | 61.0 | 43.7 | 63.8 | 82.5 | 63.1 |
| Belgium | 21.5 | 19.5 | 24.3 | 33.3 | 37.1 | 24.0 | 25.1 | 33.9 | 38.7 |
| France | 38.8 | 29.3 | 27.2 | 29.9 | 28.4 | 21.5 | 19.2 | 27.4 | 29.7 |
| Spain | 21.1 | 18.9 | 17.9 | 10.7 | 13.1 | 23.5 | 16.5 | 16.6 | 29.2 |
| Hungary | 2.9 | 3.8 | 7.7 | 11.2 | 8.9 | 5.7 | 9.2 | 13.5 | 11.6 |
| Netherlands | 3.6 | 3.9 | 16.4 | 10.3 | 10.6 | 9.8 | 8.2 | 12.5 | 10.3 |
| Austria | 6.5 | 7.6 | 9.2 | 10.9 | 8.4 | 6.6 | 8.2 | 11.5 | 10.3 |
| Poland | 6.8 | 7.2 | 9.3 | 13.8 | 10.6 | 4.8 | 8.3 | 13.2 | 8.8 |
| Others | 15.2 | 17.3 | 15.3 | 19.9 | 14.2 | 14.4 | 12.7 | 16.6 | 19.2 |
| Total | 153 | 153 | 196 | 225 | 192 | 154 | 171 | 228 | 221 |
Imports by Country
Germany (25K tons), France (13K tons) and Belgium (13K tons) were the main suppliers of cream fresh imports to Italy, with a combined 60% share of total imports. Spain, Hungary, the Netherlands, Austria and Poland lagged somewhat behind, together comprising a further 33%.
From 2015 to 2023, the biggest increases were recorded for Hungary (with a CAGR of +9.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($63M), Belgium ($39M) and France ($30M) constituted the largest cream fresh suppliers to Italy, with a combined 59% share of total imports. Spain, Hungary, Austria, the Netherlands and Poland lagged somewhat behind, together accounting for a further 32%.
Among the main suppliers, Hungary, with a CAGR of +18.8%, recorded the highest rates of growth with regard to 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
In 2023, the cream fresh price amounted to $2,591 per ton (CIF, Italy), falling by -11.7% against the previous year. In general, import price indicated buoyant growth from 2015 to 2023: its price increased at an average annual rate of +5.2% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cream fresh import price increased by +32.7% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 37%. The import price peaked at $2,933 per ton in 2022, and then dropped in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Belgium ($3,034 per ton) and Austria ($2,759 per ton), while the price for France ($2,222 per ton) and Spain ($2,383 per ton) were amongst the lowest.
From 2015 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the cream fresh 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 2030.
Product coverage:
- FCL 885 - Cream, Fresh
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
