Italy: Market for Animal Or Vegetable Fertilisers 2024

Market Size for Animal Or Vegetable Fertilisers in Italy

The Italian animal or vegetable fertilisers market skyrocketed to $X in 2022, surging by X% against the previous year. Overall, consumption, however, saw a perceptible expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Animal Or Vegetable Fertilisers in Italy

In value terms, animal or vegetable fertilisers production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Animal or vegetable fertilisers production peaked in 2022 and is likely to see gradual growth in years to come.

Exports of Animal Or Vegetable Fertilisers

Exports from Italy

In 2022, after three years of growth, there was significant decline in overseas shipments of animal or vegetable fertilisers, when their volume decreased by X% to X tons. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, animal or vegetable fertilisers exports contracted to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons), Romania (X tons) and Croatia (X tons) were the main destinations of animal or vegetable fertilisers exports from Italy, together accounting for X% of total exports. China, Bulgaria, Spain, Hungary, Switzerland, Vietnam, Slovenia, India, Turkey and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for animal or vegetable fertilisers exported from Italy were China ($X), Spain ($X) and France ($X), together accounting for X% of total exports. India, Romania, Turkey, Poland, Croatia, Switzerland, Bulgaria, Hungary, Vietnam and Slovenia lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average animal or vegetable fertilisers export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animal Or Vegetable Fertilisers

Imports into Italy

In 2022, supplies from abroad of animal or vegetable fertilisers decreased by X% to X tons, falling for the third consecutive year after two years of growth. In general, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, animal or vegetable fertilisers imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), the Dominican Republic (X tons) and Spain (X tons) were the main suppliers of animal or vegetable fertilisers imports to Italy, with a combined X% share of total imports. The Netherlands, Sri Lanka, France, Pakistan, Austria, Brazil, Egypt, Norway, Belgium and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest animal or vegetable fertilisers suppliers to Italy were India ($X), Spain ($X) and France ($X), with a combined X% share of total imports. Norway, the Netherlands, Sri Lanka, the Dominican Republic, Austria, Egypt, Brazil, Belgium, Pakistan and Germany lagged somewhat behind, together comprising a further X%.

Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average animal or vegetable fertilisers import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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