Italy: Market for Glycosides And Vegetable Alkaloids 2025

Market Size for Glycosides And Vegetable Alkaloids in Italy

The Italian glycosides and vegetable alkaloids market skyrocketed to $X in 2021, growing by 97% against the previous year. Overall, consumption continues to indicate a resilient expansion. Glycosides and vegetable alkaloids consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Glycosides And Vegetable Alkaloids in Italy

In value terms, glycosides and vegetable alkaloids production shrank remarkably to $X in 2021 estimated in export price. In general, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -18.9% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 80%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Glycosides And Vegetable Alkaloids

Exports from Italy

In 2021, after three years of growth, there was significant decline in shipments abroad of glycosides and vegetable alkaloids, when their volume decreased by -25.5% to X tons. The total export volume increased at an average annual rate of +3.1% from 2012 to 2021; 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 32%. The exports peaked at X tons in 2020, and then dropped sharply in the following year.

In value terms, glycosides and vegetable alkaloids exports dropped slightly to $X in 2021. The total export value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 13%. Over the period under review, the exports hit record highs at $X in 2020, and then reduced slightly in the following year.

Exports by Country

Germany (X tons), the United States (X tons) and France (X tons) were the main destinations of glycosides and vegetable alkaloids exports from Italy, together accounting for 45% of total exports. India, Switzerland, South Korea, Ireland, the UK, Mexico, Brazil, the Netherlands, Japan and Poland lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +24.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glycosides and vegetable alkaloids exported from Italy were Switzerland ($X), the United States ($X) and Germany ($X), with a combined 32% share of total exports. These countries were followed by Japan, France, South Korea, India, the UK, Mexico, the Netherlands, Brazil, Poland and Ireland, which together accounted for a further 33%.

Among the main countries of destination, Poland, with a CAGR of +13.5%, saw the highest rates of growth with regard to 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 glycosides and vegetable alkaloids export price amounted to $X per ton, picking up by 30% against the previous year. In general, the export price, however, saw a slight descent. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Ireland ($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 Japan (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glycosides And Vegetable Alkaloids

Imports into Italy

In 2021, overseas purchases of glycosides and vegetable alkaloids increased by 11% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports recorded a temperate expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 60% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, glycosides and vegetable alkaloids imports fell to $X in 2021. Over the period under review, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 24% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of glycosides and vegetable alkaloids to Italy, accounting for a 41% share of total imports. Moreover, glycosides and vegetable alkaloids imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Vietnam (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+1.7% per year) and Vietnam (+13.6% per year).

In value terms, the largest glycosides and vegetable alkaloids suppliers to Italy were Switzerland ($X), Germany ($X) and India ($X), with a combined 45% share of total imports. These countries were followed by China, Spain, France, Vietnam and Mexico, which together accounted for a further 26%.

Vietnam, with a CAGR of +12.1%, recorded the highest rates of growth with regard to 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

In 2021, the average glycosides and vegetable alkaloids import price amounted to $X per ton, reducing by -18.7% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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