Italy: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Italy

The Italian homogenised jam and marmalade market shrank dramatically to $X in 2022, waning by -17.7% against the previous year. Overall, consumption, however, enjoyed a pronounced increase. As a result, consumption reached the peak level of $X, and then shrank sharply in the following year.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in Italy

In value terms, homogenised jam and marmalade production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 1,210% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from Italy

In 2022, the amount of homogenised preparations of jams, fruit jellies and marmalades exported from Italy expanded markedly to X tons, picking up by 14% against the previous year. Overall, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.1% against 2020 indices. The pace of growth appeared the most rapid in 2015 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, homogenised jam and marmalade exports stood at $X in 2022. In general, exports enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 35%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons) was the main destination for homogenised jam and marmalade exports from Italy, with a 62% share of total exports. Moreover, homogenised jam and marmalade exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), eightfold. France (X tons) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-6.6% per year) and France (+10.1% per year).

In value terms, Germany ($X) remains the key foreign market for homogenised preparations of jams, fruit jellies and marmalades exports from Italy, comprising 50% of total exports. The second position in the ranking was held by France ($X), with an 8.8% share of total exports. It was followed by the UK, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +35.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+19.0% per year) and the UK (-0.1% per year).

Export Prices by Country

In 2022, the average homogenised jam and marmalade export price amounted to $X per ton, dropping by -1.8% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, homogenised jam and marmalade export price increased by +75.6% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 23%. As a result, the export price reached the peak level of $X per ton, and then fell slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Germany ($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 Hungary (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into Italy

After three years of decline, overseas purchases of homogenised preparations of jams, fruit jellies and marmalades increased by 14% to X tons in 2022. In general, imports saw a perceptible increase. The growth pace was the most rapid in 2018 with an increase of 322% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, homogenised jam and marmalade imports declined to $X in 2022. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 352%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Greece (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of homogenised jam and marmalade imports to Italy, with a combined 84% share of total imports. France, Austria, Costa Rica, Bulgaria and Turkey lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +85.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest homogenised jam and marmalade suppliers to Italy were Germany ($X), Spain ($X) and Greece ($X), together accounting for 83% of total imports. Austria, France, Bulgaria, Costa Rica and Turkey lagged somewhat behind, together comprising a further 15%.

Bulgaria, with a CAGR of +87.1%, saw the highest rates of growth with regard to 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 homogenised jam and marmalade import price stood at $X per ton in 2022, declining by -21.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 45%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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