Italy: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Italy

The Italian mixes and doughs market expanded markedly to $X in 2022, growing by 5.1% against the previous year. Over the period under review, consumption, however, continues to indicate a mild downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Mixes And Doughs Production in Italy

In value terms, mixes and doughs production reached $X in 2022 estimated in export price. In general, production, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 41%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Mixes And Doughs Exports

Exports from Italy

In 2022, exports of mixes and doughs from Italy rose sharply to X tons, growing by 9.1% compared with 2021 figures. Over the period under review, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.4% 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 +89.3% against 2018 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, mixes and doughs exports rose significantly to $X in 2022. Overall, exports recorded a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 70% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The UK (X tons), France (X tons) and Spain (X tons) were the main destinations of mixes and doughs exports from Italy, together accounting for 30% of total exports. The United States, Canada, Greece, Slovenia, Croatia, Switzerland, Germany, Romania, China and Poland lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +78.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mixes and doughs exported from Italy were the UK ($X), France ($X) and the United States ($X), together comprising 30% of total exports. Canada, Greece, Croatia, Slovenia, Germany, Spain, Switzerland, Romania, Poland and China lagged somewhat behind, together comprising a further 39%.

Canada, with a CAGR of +72.7%, recorded 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

In 2022, the average mixes and doughs export price amounted to $X per ton, with a decrease of -3.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 17% against the previous year. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to China ($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 Germany (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mixes And Doughs Imports

Imports into Italy

In 2022, purchases abroad of mixes and doughs increased by 3.7% to X tons, rising for the second consecutive year after three years of decline. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, mixes and doughs imports rose markedly to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of mixes and doughs to Italy, with a 43% share of total imports. Moreover, mixes and doughs imports from France exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. Austria (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+9.6% per year) and Austria (+16.4% per year).

In value terms, France ($X) constituted the largest supplier of mixes and doughs to Italy, comprising 42% of total imports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total imports. It was followed by Austria, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from France totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+9.0% per year) and Austria (+14.6% per year).

Import Prices by Country

In 2022, the average mixes and doughs import price amounted to $X per ton, picking up by 4.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 11%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Belgium ($X per ton) and the UK ($X per ton), while the price for Germany ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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