Italy - Vermouth - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVermouth Price in Italy - 2023
Contents:
- Price Forecast for Vermouth in Italy till 2025
- Vermouth Price in Italy (FOB) - 2023
- Vermouth Price in Italy (CIF) - 2022
- Italy Vermouth Exports
- Italy Vermouth Imports
Price Forecast for Vermouth in Italy till 2025
Vermouth Price in Italy (FOB) - 2023
The average vermouth export price stood at $2.1 per litre in December 2022, picking up by 9.3% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices hit record highs at $2.3 per litre in March 2022; however, from April 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was Russia ($9.1 per litre), while the average price for exports to Germany ($1.2 per litre) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.
Vermouth Price in Italy (CIF) - 2022
The average vermouth import price stood at $3.3 per litre in November 2022, surging by 53% against the previous month. Overall, the import price saw a moderate expansion. The import price peaked at $4.4 per litre in March 2022; however, from April 2022 to November 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2022, the country with the highest price was the Netherlands ($24.4 per litre), while the price for Spain ($1.3 per litre) was amongst the lowest.
From December 2021 to November 2022, the most notable rate of growth in terms of prices was attained by Russia (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Italy Vermouth Exports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Million USD | |||||
| Germany | 18.2 | 34.2 | 51.5 | 52.2 | 42.1% |
| France | 31.1 | 29.3 | 34.0 | 34.5 | 3.5% |
| United States | 31.6 | 25.2 | 32.1 | 32.5 | 0.9% |
| Russia | 13.3 | 16.0 | 21.8 | 22.1 | 18.4% |
| Belgium | 17.4 | 16.8 | 19.6 | 19.8 | 4.4% |
| Spain | 24.2 | 18.7 | 8.9 | 17.4 | -10.4% |
| Ukraine | 8.0 | 9.9 | 11.4 | 11.6 | 13.2% |
| Latvia | 9.9 | 11.8 | 8.3 | 10.0 | 0.3% |
| United Kingdom | 7.9 | 8.3 | 8.8 | 9.0 | 4.4% |
| Poland | 8.7 | 4.4 | 5.3 | 6.2 | -10.7% |
| Others | 52.5 | 50.8 | 69.2 | 72.4 | 11.3% |
| Total | 223 | 225 | 271 | 288 | 8.9% |
Top Export Markets for Vermouth from Italy 2022:
- Germany (29.7M litres)
- France (18.2M litres)
- Russia (10.9M litres)
- Spain (10.0M litres)
- Belgium (9.0M litres)
- United States (6.4M litres)
- Ukraine (6.0M litres)
- United Kingdom (4.0M litres)
- Latvia (4.0M litres)
- Poland (2.6M litres)
In 2022, approx. 121M litres of vermouth were exported from Italy; dropping by -2.2% compared with the year before. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 6% against the previous year. As a result, the exports attained the peak of 123M litres, and then shrank slightly in the following year.
In value terms, vermouth exports expanded sharply to $288M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
Italy Vermouth Imports
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
|---|---|---|---|---|---|
| Thousand USD | |||||
| Spain | 1,284 | 882 | 1,044 | 1,325 | 1.1% |
| Portugal | 578 | 976 | 928 | 1,130 | 25.0% |
| Germany | 613 | 733 | 542 | 791 | 8.9% |
| Austria | 229 | 293 | 420 | 511 | 30.7% |
| France | 347 | 144 | 376 | 458 | 9.7% |
| Netherlands | 196 | 146 | 281 | 342 | 20.4% |
| Others | 101 | 820 | 49.4 | 98.0 | -1.0% |
| Total | 3,348 | 3,993 | 3,640 | 4,655 | 11.6% |
Top Suppliers of Vermouth to Italy 2022:
- Spain (860.3K litres)
- Germany (383.2K litres)
- Portugal (345.7K litres)
- Austria (135.2K litres)
- France (81.4K litres)
- Netherlands (43.8K litres)
In 2022, the amount of vermouth imported into Italy plummeted to 1.9M litres, reducing by -24.6% against 2021 figures. In general, imports continue to indicate a deep setback. The smallest decline of -0.6% was in 2020. Imports peaked at 2.7M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, vermouth imports surged to $4.7M in 2022. The total import value increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
This report provides an in-depth analysis of the vermouth 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 11041000 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances (excluding alcohol duty)
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
-
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 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the vermouth market in Italy.
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This report provides an in-depth analysis of the wine market in Italy.
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This report provides an in-depth analysis of the global vermouth market.
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This report provides an in-depth analysis of the global wine market.
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This report provides an in-depth analysis of the vermouth market in Italy.
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This report provides an in-depth analysis of the global vermouth market.
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In December 2022, there was an increase of 2.7% in the price of wine per litre (FOB, Italy), bringing it to $4.0.
664
The U.S. ($59M), France ($49M) and Germany ($45M) were the countries with the highest levels of imports in 2018, together accounting for 30% of global imports.
1040
In value terms, wine imports stood at $X in 2016. In general, wine imports continue to indicate a mild slump. In that year, global wine imports attained its maximum level of $X. From 2012 to X>
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In value terms, wine exports amounted to $X in 2016. Overall, wine exports continue to indicate a relatively flat trend pattern. In that year, global wine exports reached its maximum level of $X>
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In value terms, wine lees exports amounted to $X in 2016. In general, wine lees exports continue to indicate a strong expansion. Over the period under review, global wine lees exports reached its m...
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In 2016, the amount of wine imported worldwide amounted to X tons, flattening at the previous year figure. The total import volume increased at an average annual rate of +X% over the period from...
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In 2016, the amount of wine imported worldwide amounted to X tons, flattening at the previous year figure. The total import volume increased at an average annual rate of +X% over the period from...
1061
In 2014, France and Italy were the main global suppliers of wine and grape must with a combined share of X% of global exports. Italy strengthened its position in the global exports structure, from X% in 2007 to X% in 2014. However, the fastest
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The U.S. ($59M), France ($49M) and Germany ($45M) were the countries with the highest levels of imports in 2018, together accounting for 30% of global imports.
