Italy: Market for Frozen, Dried And Smoked Fish 2024

Market Size for Frozen, Dried And Smoked Fish in Italy

The Italian market for frozen, dried and smoked fish reduced to $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then reduced modestly in the following year.

Production of Frozen, Dried And Smoked Fish in Italy

In value terms, frozen, dried and smoked fish production surged to $X in 2022 estimated in export price. Overall, production, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Frozen, dried and smoked fish production peaked in 2022 and is likely to continue growth in the near future.

Exports of Frozen, Dried And Smoked Fish

Exports from Italy

In 2022, the amount of frozen, dried and smoked fish exported from Italy reached X tons, growing by X% against the previous year's figure. In general, exports, however, saw a mild curtailment. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, frozen, dried and smoked fish exports expanded markedly to $X in 2022. The total export 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. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons) was the main destination for frozen, dried and smoked fish exports from Italy, with a X% share of total exports. Moreover, frozen, dried and smoked fish exports to Spain exceeded the volume sent to the second major destination, Albania (X tons), twofold. The third position in this ranking was held by Slovakia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and Slovakia (X% per year).

In value terms, Spain ($X) remains the key foreign market for frozen, dried and smoked fish exports from Italy, comprising X% of total exports. The second position in the ranking was taken by Albania ($X), with a X% share of total exports. It was followed by Slovakia, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (X% per year) and Slovakia (X% per year).

Export Prices by Country

The average export price for frozen, dried and smoked fish stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Tunisia ($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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen, Dried And Smoked Fish

Imports into Italy

In 2022, imports of frozen, dried and smoked fish into Italy fell to X tons, waning by X% against 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, frozen, dried and smoked fish imports fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Spain (X tons), Ecuador (X tons) and the Netherlands (X tons) were the main suppliers of frozen, dried and smoked fish imports to Italy, together comprising X% of total imports. Denmark, Argentina, Poland, China, France, Germany, India, Vietnam, the United States and South Africa lagged somewhat behind, together comprising a further X%.

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

In value terms, Spain ($X) constituted the largest supplier of frozen, dried and smoked fish to Italy, comprising X% of total imports. The second position in the ranking was held by Ecuador ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ecuador (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average import price for frozen, dried and smoked fish stood at $X per ton in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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