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Italy - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Italy - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights

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May 20, 2023

Frozen Fruit Price in Italy Shrinks 5% to $2,577 per Ton After Two Consecutive Months of Contraction

Italy Frozen Fruit Import Price in February 2023

In February 2023, the frozen fruit price stood at $2,577 per ton (CIF, Italy), dropping by -4.6% against the previous month. In general, the import price continues to indicate a perceptible setback. The growth pace was the most rapid in December 2022 an increase of 9.3% month-to-month. The import price peaked at $3,296 per ton in February 2022; however, from March 2022 to February 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Bulgaria ($3,879 per ton), while the price for Egypt ($1,116 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Latvia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Frozen Fruit in Italy (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
Bulgaria3,3853,7853,4112,9222,2752,2762,5083,1263,4022,8812,4482,8833,879
Austria4,6905,2924,1825,0993,5123,6192,5042,6533,0573,0222,0663,9553,835
Lithuania4,4646,46410,4834,2303,4173,7613,6353,7663,4793,8303,8123,6113,784
Latvia2,4054,1473,0184,2964,2064,0653,2812,6383,5353,489N/AN/A3,748
Portugal3,4902,4962,9173,1254,1083,1062,8542,2893,7144,2535,2073,6533,511
Ukraine4,5674,3274,1204,2184,6323,8523,5162,9413,2823,1853,1363,3923,121
Netherlands3,7353,3892,5673,3372,5252,5332,6482,1252,7162,6983,3692,9712,869
Spain3,1842,6272,6093,2662,8012,4202,5491,9141,8711,4902,9242,2982,664
Turkey3,7322,7382,5032,2431,9641,9171,8822,2742,0072,3672,2252,8672,266
Serbia1,8162,7702,0731,7522,2123,0732,4931,7882,0812,5521,8962,1292,203
Germany2,0452,3392,4272,4301,8633,2613,8182,2055,0732,2992,0902,4622,101
Poland2,2991,7462,1341,8031,6231,8403,1652,2523,3872,3392,1882,3602,040
Egypt1,2621,2611,2231,1611,1881,1621,1821,1061,2041,2231,1481,1161,116
Average3,2963,1752,6312,7382,6682,6022,7902,4452,5932,4762,7052,7012,577

Italy Frozen Fruit Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) ($2,867 per ton), while the price for frozen strawberries ($1,532 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) (-0.9%), while the prices for the other products experienced a decline.

Italy Frozen Fruit Imports

In February 2023, overseas purchases of frozen fruits increased by 44% to 5.1K tons, rising for the second month in a row after four months of decline. Overall, imports showed a slight increase. The most prominent rate of growth was recorded in January 2023 with an increase of 56% month-to-month.

In value terms, frozen fruit imports soared to $13M (IndexBox estimates) in February 2023. Over the period under review, imports, however, showed a mild descent. The most prominent rate of growth was recorded in January 2023 with an increase of 56% against the previous month.

Italy Frozen Fruit Imports by Type

In February 2023, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) (3K tons) constituted the largest type of frozen fruit supplied to Italy, accounting for a 58% share of total imports. Moreover, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) exceeded the figures recorded for the second-largest type, frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries (1.2K tons), twofold.

From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of import of frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries (+1.7% per month) and frozen strawberries (+3.5% per month).

In value terms, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) ($8.5M) constituted the largest type of frozen fruit supplied to Italy, comprising 64% of total imports. The second position in the ranking was held by frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries ($3.2M), with a 25% share of total imports.

Italy Frozen Fruit Imports by Country

Egypt (661 tons), Poland (653 tons) and Ukraine (500 tons) were the main suppliers of frozen fruit imports to Italy, with a combined 35% share of total imports. The Netherlands, Serbia, Austria, Germany, Lithuania, Latvia, Bulgaria, Turkey, Portugal and Spain lagged somewhat behind, together accounting for a further 54%.

From February 2022 to February 2023, the biggest increases were in Latvia (with a CAGR of +11.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen fruit suppliers to Italy were Austria ($1.6M), Ukraine ($1.6M) and the Netherlands ($1.4M), with a combined 35% share of total imports. These countries were followed by Poland, Serbia, Lithuania, Germany, Egypt, Latvia, Bulgaria, Portugal, Spain and Turkey, which together accounted for a further 55%.

Among the main suppliers, Latvia, with a CAGR of +15.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen fruit 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:

  • Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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