Italy: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in Italy

The Italian concentrated apple juice market soared to $X in 2021, picking up by 34% against the previous year. Over the period under review, consumption recorded a prominent increase. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Concentrated Apple Juice Production in Italy

In value terms, concentrated apple juice production shrank to $X in 2021 estimated in export price. In general, production, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 13%. Concentrated apple juice production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Concentrated Apple Juice Exports

Exports from Italy

Concentrated apple juice exports from Italy contracted rapidly to X tons in 2021, waning by -25.1% against the previous year's figure. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 with an increase of 60% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, concentrated apple juice exports declined dramatically to $X in 2021. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2014 when exports increased by 20% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons), Germany (X tons) and France (X tons) were the main destinations of concentrated apple juice exports from Italy, together comprising 60% of total exports. These countries were followed by Norway, Spain, Austria, Belgium, Japan, Ireland, South Korea, the Netherlands and the UK, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +99.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the largest markets for concentrated apple juice exported from Italy worldwide, together comprising 59% of total exports. Norway, Spain, Belgium, Austria, Japan, South Korea, Ireland, the Netherlands and the UK lagged somewhat behind, together accounting for a further 33%.

Among the main countries of destination, Japan, with a CAGR of +98.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average concentrated apple juice export price amounted to $X per ton, growing by 9.4% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2020 an increase of 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (-0.1%), while the prices for the other major destinations experienced a decline.

Concentrated Apple Juice Imports

Imports into Italy

In 2021, imports of concentrated apple juice into Italy expanded rapidly to X tons, increasing by 14% compared with the year before. In general, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.3% 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 decreased by -7.8% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 54% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, concentrated apple juice imports rose to $X in 2021. Over the period under review, total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Slovenia (X tons), Turkey (X tons) and the Netherlands (X tons) were the main suppliers of concentrated apple juice imports to Italy, together comprising 66% of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +28.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated apple juice suppliers to Italy were Slovenia ($X), Turkey ($X) and the Netherlands ($X), together accounting for 71% of total imports.

Turkey, with a CAGR of +25.1%, saw the highest growth rate of the value of imports, in terms of 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 concentrated apple juice import price stood at $X per ton in 2021, reducing by -11.1% against the previous year. In general, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2018 an increase of 22%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Slovenia ($X per ton), while the price for Poland ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :