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

Italy - Whey - Market Analysis, Forecast, Size, Trends and Insights

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Aug 1, 2023

Italy Witnesses a Decline in Whey Price to $864 per Ton After Four Consecutive Months of Contraction

Italy Whey Export Price in April 2023

In April 2023, the whey price stood at $864 per ton (FOB, Italy), remaining relatively unchanged against the previous month. In general, the export price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in December 2022 when the average export price increased by 12% against the previous month. The export price peaked at $1,386 per ton in May 2022; however, from June 2022 to April 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In April 2023, the country with the highest price was the Netherlands ($963 per ton), while the average price for exports to Germany ($254 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (-1.9%), while the prices for the other major destinations experienced a decline.

COUNTRYExport Price of Whey in Italy (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Netherlands1,5791,6211,4991,4501,0791,0131,1351,0351,095982924864963
JapanN/AN/A1,6651,672N/A1,0199941,1131,1471,0411,331906910
France8591,0225555204294674341,0599161,118887940681
Austria1,0211,0758107186225991,2257871,578674677698605
Germany728688615481446449465456535446330390254
Average1,3061,3861,2051,0708988268879241,039962914870864

Italy Whey Exports

After three months of growth, overseas shipments of whey decreased by -7.1% to 19K tons in April 2023. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 with an increase of 16% against the previous month.

In value terms, whey exports reduced to $16M (IndexBox estimates) in April 2023. In general, exports saw a noticeable contraction. The pace of growth appeared the most rapid in May 2022 with an increase of 17% m-o-m. As a result, the exports reached the peak of $30M. From June 2022 to April 2023, the growth of the exports remained at a lower figure.

Italy Whey Exports by Country

the Netherlands (10K tons) was the main destination for whey exports from Italy, with a 55% share of total exports. Moreover, whey exports to the Netherlands exceeded the volume sent to the second major destination, Germany (3.6K tons), threefold. Austria (1.5K tons) ranked third in terms of total exports with an 8.1% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume to the Netherlands totaled +1.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-2.0% per month) and Austria (+2.3% per month).

In value terms, the Netherlands ($9.9M) remains the key foreign market for whey exports from Italy, comprising 61% of total exports. The second position in the ranking was held by Austria ($925K), with a 5.7% share of total exports. It was followed by Germany, with a 5.6% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of value to the Netherlands totaled -2.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Austria (-2.1% per month) and Germany (-10.2% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the whey 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 890 - Whey, Condensed
  • FCL 900 - Dry Whey

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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