Italy: Market for Frozen Vegetables other than Potato and Corn 2024

Market Size for Frozen Vegetables other than Potato and Corn in Italy

In 2022, the Italian market for frozen vegetables other than potato and corn was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption saw a relatively flat trend pattern. Consumption of peaked at $X in 2013; afterwards, it flattened through to 2022.

Production of Frozen Vegetables other than Potato and Corn in Italy

In value terms, production of frozen vegetables other than potato and corn rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 25% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Frozen Vegetables other than Potato and Corn

Exports from Italy

In 2022, overseas shipments of frozen vegetables other than potato and corn decreased by -10.6% to X tons for the first time since 2011, thus ending a ten-year rising trend. Overall, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, exports of frozen vegetables other than potato and corn contracted dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 34%. Over the period under review, the exports of reached the maximum at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

The United States (X tons), France (X tons) and Germany (X tons) were the main destinations of exports of frozen vegetables other than potato and corn from Italy, together comprising 64% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +35.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen vegetables other than potato and corn exported from Italy were the United States ($X), France ($X) and Germany ($X), together comprising 67% of total exports.

The United States, with a CAGR of +31.9%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average export price for frozen vegetables other than potato and corn stood at $X per ton in 2022, with a decrease of -6.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 13% against the previous year. The export price peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Poland ($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 the UK (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Vegetables other than Potato and Corn

Imports into Italy

In 2022, overseas purchases of frozen vegetables other than potato and corn were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 18%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of frozen vegetables other than potato and corn surged to $X in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Spain (X tons) and Poland (X tons) were the main suppliers of imports of frozen vegetables other than potato and corn to Italy, with a combined 58% share of total imports. France, China, the Netherlands, Egypt, Germany, the UK, Romania and Sweden lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +17.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Spain ($X) and China ($X) constituted the largest frozen vegetables other than potato and corn suppliers to Italy, with a combined 46% share of total imports. France, Poland, Romania, Egypt, Germany, the Netherlands, the UK and Sweden lagged somewhat behind, together comprising a further 41%.

In terms of the main suppliers, Poland, with a CAGR of +18.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for frozen vegetables other than potato and corn stood at $X per ton in 2022, standing approx. at the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 8.1% against the previous year. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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