Italy - Vinegar - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVinegar Export in Italy Peaks at $35M in November 2023
Italy Vinegar Exports
In November 2023, after two months of growth, there was decline in overseas shipments of vinegar, when their volume decreased by -0.6% to 11K tons. Overall, total exports indicated a slight expansion from November 2022 to November 2023: its volume increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, exports increased by +7.7% against August 2023 indices. The pace of growth appeared the most rapid in May 2023 when exports increased by 38% against the previous month.
In value terms, vinegar exports expanded modestly to $35M (IndexBox estimates) in November 2023. In general, total exports indicated a notable expansion from November 2022 to November 2023: its value increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, exports increased by +21.9% against August 2023 indices. The growth pace was the most rapid in May 2023 with an increase of 30% m-o-m. Over the period under review, the exports reached the peak figure in November 2023.
| COUNTRY | Export Value of Vinegar in Italy (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
| United States | 7.3 | 6.8 | 5.2 | 6.7 | 8.1 | 6.8 | 9.1 | 10.5 | 9.2 | 9.1 | 9.7 | 10.4 | 11.0 |
| Germany | 4.2 | 3.0 | 2.7 | 3.1 | 3.6 | 3.2 | 3.9 | 4.6 | 4.8 | 3.1 | 3.8 | 4.3 | 5.2 |
| Canada | 0.8 | 0.6 | 0.5 | 0.9 | 1.4 | 0.9 | 1.9 | 1.7 | 1.6 | 1.3 | 2.3 | 3.0 | 2.3 |
| France | 1.6 | 1.4 | 2.1 | 1.5 | 2.6 | 2.7 | 2.5 | 2.6 | 3.4 | 2.7 | 2.5 | 1.7 | 2.0 |
| United Kingdom | 1.3 | 1.6 | 0.9 | 1.3 | 1.3 | 0.8 | 1.3 | 1.8 | 2.0 | 1.6 | 1.5 | 2.0 | 1.9 |
| Austria | 1.1 | 0.8 | 0.7 | 0.9 | 0.9 | 0.9 | 1.5 | 1.4 | 1.8 | 1.0 | 0.8 | 1.2 | 1.2 |
| Spain | 0.7 | 0.6 | 0.7 | 0.5 | 1.1 | 1.0 | 1.1 | 1.1 | 1.2 | 0.9 | 0.9 | 1.1 | 0.9 |
| Others | 6.9 | 8.0 | 5.6 | 6.8 | 8.0 | 7.1 | 9.2 | 9.4 | 9.9 | 8.7 | 9.4 | 10.0 | 10.4 |
| Total | 24.0 | 22.9 | 18.3 | 21.7 | 27.1 | 23.4 | 30.5 | 33.1 | 33.9 | 28.5 | 31.0 | 33.8 | 34.7 |
Exports by Country
The United States (3.1K tons) was the main destination for vinegar exports from Italy, with a 29% share of total exports. Moreover, vinegar exports to the United States exceeded the volume sent to the second major destination, Germany (1.4K tons), twofold. France (820 tons) ranked third in terms of total exports with a 7.6% share.
From November 2022 to November 2023, the average monthly rate of growth in terms of volume to the United States amounted to +1.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+0.5% per month) and France (+0.8% per month).
In value terms, the United States ($11M) remains the key foreign market for vinegar exports from Italy, comprising 32% of total exports. The second position in the ranking was held by Germany ($5.2M), with a 15% share of total exports. It was followed by Canada, with a 6.6% share.
From November 2022 to November 2023, the average monthly growth rate of value to the United States amounted to +3.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+1.8% per month) and Canada (+8.8% per month).
Export Prices by Country
In November 2023, the vinegar price stood at $3,206 per ton (FOB, Italy), surging by 3.4% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in June 2023 an increase of 16% month-to-month. Over the period under review, the average export prices attained the peak figure in November 2023.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was South Korea ($6,042 per ton), while the average price for exports to Spain ($1,656 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the vinegar 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 10841130 - Vinegar and substitutes for vinegar made from wine
- Prodcom 10841190 - Vinegar and substitutes for vinegar (excluding made from wine)
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
