Italy: Market for Cider, Perry, Mead And Other Fermented Beverages 2024

Market Size for Cider, Perry, Mead And Other Fermented Beverages in Italy

In 2021, the Italian cider, perry and mead market decreased by -18.9% to $X for the first time since 2014, thus ending a six-year rising trend. Overall, consumption, however, continues to indicate significant growth. Cider, perry and mead consumption peaked at $X in 2020, and then fell rapidly in the following year.

Production of Cider, Perry, Mead And Other Fermented Beverages in Italy

In value terms, cider, perry and mead production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 104% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then fell in the following year.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports from Italy

In 2021, shipments abroad of cider, perry, mead and other fermented beverages increased by 12% to X litres, rising for the fourth year in a row after three years of decline. In general, exports showed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, cider, perry and mead exports surged to $X in 2021. Over the period under review, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 75%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X litres) was the main destination for cider, perry and mead exports from Italy, accounting for a 77% share of total exports. Moreover, cider, perry and mead exports to the United States exceeded the volume sent to the second major destination, Ukraine (X litres), eightfold. The third position in this ranking was held by France (X litres), with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +27.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+76.6% per year) and France (-16.0% per year).

In value terms, the United States ($X) remains the key foreign market for cider, perry, mead and other fermented beverages exports from Italy, comprising 81% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 5.5% share of total exports. It was followed by France, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +27.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+64.2% per year) and France (-9.3% per year).

Export Prices by Country

In 2021, the average cider, perry and mead export price amounted to $X per litre, with an increase of 13% against the previous year. Over the last nine years, it increased at an average annual rate of +3.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports into Italy

In 2021, purchases abroad of cider, perry, mead and other fermented beverages decreased by -4.7% to X litres for the first time since 2016, thus ending a four-year rising trend. In general, total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +62.7% against 2016 indices. The growth pace was the most rapid in 2019 with an increase of 18%. Imports peaked at X litres in 2020, and then fell in the following year.

In value terms, cider, perry and mead imports rose remarkably to $X in 2021. Over the period under review, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2018 when imports increased by 22% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X litres) constituted the largest cider, perry and mead supplier to Italy, accounting for a 51% share of total imports. Moreover, cider, perry and mead imports from Germany exceeded the figures recorded by the second-largest supplier, China (X litres), fivefold. Poland (X litres) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.5% per year) and Poland (+11.8% per year).

In value terms, Germany ($X) constituted the largest supplier of cider, perry, mead and other fermented beverages to Italy, comprising 38% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.3% per year) and the Netherlands (-2.8% per year).

Import Prices by Country

The average cider, perry and mead import price stood at $X per litre in 2021, surging by 17% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The import price peaked at $X per litre in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per litre), while the price for Poland ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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