Italy: Maize Bran Market 2024

Maize Bran Market Size in Italy

The Italian maize bran market shrank to $X in 2022, declining by X% against the previous year. In general, consumption, however, posted a significant expansion. Maize bran consumption peaked at $X in 2021, and then fell in the following year.

Maize Bran Production in Italy

In value terms, maize bran production fell to $X in 2022 estimated in export price. Over the period under review, production, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X, and then dropped in the following year.

Maize Bran Exports

Exports from Italy

In 2022, shipments abroad of maize bran increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports posted a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, maize bran exports skyrocketed to $X in 2022. Over the period under review, exports recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Spain (X tons) was the main destination for maize bran exports from Italy, accounting for a X% share of total exports. Moreover, maize bran exports to Spain exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold. The third position in this ranking was held by Canada (X tons), with a X% share.

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

In value terms, Spain ($X) remains the key foreign market for maize bran exports from Italy, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average maize bran export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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

Maize Bran Imports

Imports into Italy

In 2022, supplies from abroad of maize bran increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, maize bran imports skyrocketed to $X in 2022. Over the period under review, imports showed a resilient increase. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of maize bran to Italy, with a X% share of total imports. Moreover, maize bran imports from Hungary exceeded the figures recorded by the second-largest supplier, Croatia (X tons), sixfold. Romania (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Hungary totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (X% per year) and Romania (X% per year).

In value terms, Hungary ($X) constituted the largest supplier of maize bran to Italy, comprising X% of total imports. The second position in the ranking was held by Romania ($X), with a X% share of total imports. It was followed by Croatia, with a X% share.

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

Import Prices by Country

The average maize bran import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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