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Italy - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Italy - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Apr 22, 2023

Maize Price in Italy Drops to $2,632 per Ton After 4 Months of Decrease

Italy Maize Export Price in January 2023

In January 2023, the maize price stood at $2,632 per ton (FOB, Italy), which is down by -1.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices reached the peak figure at $3,281 per ton in September 2022; however, from October 2022 to January 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($3,424 per ton), while the average price for exports to France ($1,538 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYJan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
Export Price of Maize in Italy (USD per ton)
Belgium2,6963,6223,6663,5013,6034,6895,2485,4185,1704,8423,6713,4183,424
United Kingdom2,8162,7292,6372,6582,3232,2212,2062,2652,4502,7772,9923,0493,013
Poland2,9432,5282,5412,9362,4312,7432,0552,5343,1722,9462,6812,9213,007
Austria3,1333,1213,0763,2353,6074,6444,9484,7354,7063,7173,0502,8522,966
Netherlands3,2603,1333,2313,3223,1764,2944,6414,3654,4363,8483,2333,2022,914
Germany3,0042,9402,7082,7842,7524,3494,2655,2414,8503,8132,9062,7132,748
Switzerland2,7102,7012,5412,5592,4933,7023,4702,9713,6143,9062,6902,5292,435
Sweden2,5502,4012,3162,4252,1482,1822,2702,3822,3702,3212,1542,4202,360
Slovenia2,5722,4512,2542,4312,5482,5752,7892,6242,7082,2182,0311,8231,883
France2,1262,0871,7751,5321,4091,3081,1921,6062,0211,7301,5151,8211,538
Average2,8262,7572,6012,6172,5212,8862,7213,0963,2813,0572,7092,6772,632

Italy Maize Exports

In January 2023, shipments abroad of maize (green) increased by 2% to 23K tons, rising for the fifth consecutive month after five months of decline. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when exports increased by 48% m-o-m.

In value terms, maize exports totaled $62M (IndexBox estimates) in January 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 with an increase of 45% m-o-m.

Italy Maize Exports by Country

Germany (8.4K tons) was the main destination for maize exports from Italy, accounting for a 36% share of total exports. Moreover, maize exports to Germany exceeded the volume sent to the second major destination, France (3.5K tons), twofold. The third position in this ranking was taken by the UK (1.8K tons), with a 7.7% share.

From January 2022 to January 2023, the average monthly growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: France (+1.6% per month) and the UK (-0.6% per month).

In value terms, Germany ($23M) remains the key foreign market for maize exports from Italy, comprising 37% of total exports. The second position in the ranking was held by the UK ($5.5M), with an 8.8% share of total exports. It was followed by France, with an 8.7% share.

From January 2022 to January 2023, the average monthly rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: the UK (-0.1% per month) and France (-1.1% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the maize 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 446 - Green Corn (Maize)

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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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, HARVESTED AREA AND YIELD

  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. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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