Italy - Vegetable Puree - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly's Vegetable Puree Exports Soar to a Record $27M in 2023
Italy Vegetable Puree Exports
For the fourth year in a row, Italy recorded growth in shipments abroad of vegetable puree, which increased by 1.8% to 13K tons in 2023. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 13%. Over the period under review, the exports hit record highs at 15K tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, vegetable puree exports surged to $27M (IndexBox estimates) in 2023. Overall, total exports indicated a resilient increase from 2015 to 2023: its value increased at an average annual rate of +9.0% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by +30.4% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 37%. The exports peaked in 2023 and are likely to continue growth in the immediate term.
| COUNTRY | Export Value of Vegetable Puree in Italy (million USD) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Spain | 0.8 | 0.9 | 0.7 | 9.1 | 10.8 | 10.2 | 11.8 | 12.3 | 15.7 |
| United Kingdom | 2.2 | 2.4 | 2.3 | 1.7 | 1.8 | 3.5 | 4.4 | 3.5 | 3.8 |
| Czech Republic | N/A | N/A | N/A | 0.4 | 0.7 | 0.8 | 0.9 | 0.9 | 1.0 |
| Norway | 0.1 | 0.2 | 0.5 | N/A | N/A | N/A | 0.3 | 0.2 | 0.8 |
| Australia | 1.1 | 2.3 | 1.8 | 0.6 | 0.3 | 0.6 | 0.8 | 0.7 | 0.7 |
| United States | 0.8 | 1.0 | 1.4 | 0.8 | 0.8 | 1.0 | 0.8 | 0.7 | 0.6 |
| Belgium | N/A | N/A | 0.1 | 0.1 | 0.2 | 0.1 | 0.4 | 0.6 | 0.5 |
| Canada | 0.3 | 0.6 | 0.6 | 0.8 | 1.4 | 1.0 | 0.7 | 0.6 | 0.4 |
| Libya | 1.2 | 0.8 | 0.3 | 2.9 | N/A | N/A | N/A | 0.2 | 0.3 |
| Others | 6.8 | 7.1 | 7.3 | 4.3 | 2.7 | 2.6 | 4.1 | 2.9 | 3.1 |
| Total | 13.5 | 15.2 | 15.1 | 20.6 | 18.7 | 19.9 | 24.2 | 22.7 | 26.8 |
Exports by Country
Spain (5.7K tons), the UK (3.3K tons) and Norway (539 tons) were the main destinations of vegetable puree exports from Italy, together comprising 75% of total exports. Australia, the Czech Republic, the United States, Libya, Belgium and Canada lagged somewhat behind, together comprising a further 12%.
From 2015 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +57.8%), while the other leaders experienced more modest paces of growth.
In value terms, Spain ($16M) remains the key foreign market for vegetable puree exports from Italy, comprising 59% of total exports. The second position in the ranking was taken by the UK ($3.8M), with a 14% share of total exports. It was followed by the Czech Republic, with a 3.7% share.
From 2015 to 2023, the average annual rate of growth in terms of value to Spain stood at +44.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+6.7% per year) and the Czech Republic (+53.9% per year).
Export Prices by Country
In 2023, the vegetable puree price stood at $2,136 per ton (FOB, Italy), with an increase of 16% against the previous year. Over the period under review, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 33%. Over the period under review, the average export prices reached the maximum in 2023 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the Czech Republic ($3,425 per ton), while the average price for exports to Trinidad and Tobago ($874 per ton) was amongst the lowest.
From 2015 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the vegetable puree 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 476 - Homogenized Vegetable Preparations
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
- 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 VOLUME AND VALUE
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
- 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
- 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
