Italy: Potato Market 2024

Potato Market Size in Italy

The Italian potato market was estimated at $X in 2021, flattening at the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; afterwards, it flattened through to 2021.

Potato Production in Italy

In value terms, potato production dropped to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 16% against the previous year. Potato production peaked at $X in 2020, and then fell in the following year.

The average yield of potatoes in Italy reduced to X tons per ha in 2021, waning by -2.8% on 2020. The yield figure increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the yield increased by 6% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then contracted slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The potato harvested area in Italy reduced modestly to X ha in 2021, flattening at the year before. Overall, the harvested area saw a pronounced slump. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 3.9%. Over the period under review, the harvested area dedicated to potato production reached the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area stood at a somewhat lower figure.

Potato Exports

Exports from Italy

Potato exports from Italy fell to X tons in 2021, with a decrease of -13.6% compared with 2020 figures. Over the period under review, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2019 when exports increased by 45%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, potato exports dropped to $X in 2021. In general, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2019 with an increase of 61%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for potato exports from Italy, accounting for a 40% share of total exports. Moreover, potato exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by Switzerland (X tons), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+5.3% per year) and Switzerland (+28.5% per year).

In value terms, Germany ($X) remains the key foreign market for potato exports from Italy, comprising 40% of total exports. The second position in the ranking was held by France ($X), with a 16% share of total exports. It was followed by Switzerland, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+8.5% per year) and Switzerland (+29.0% per year).

Export Prices by Country

The average potato export price stood at $X per ton in 2021, rising by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 16% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, 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 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into Italy

In 2021, imports of potatoes into Italy was estimated at X tons, picking up by 2.1% compared with 2020 figures. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 6.1% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, potato imports declined modestly to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 44%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of potato imports to Italy, together comprising 78% of total imports. Denmark, Egypt and Romania lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +102.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of potato to Italy, comprising 38% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total imports. It was followed by Germany, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+1.1% per year) and Germany (+0.4% per year).

Import Prices by Country

The average potato import price stood at $X per ton in 2021, reducing by -4.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Egypt ($X per ton), while the price for Germany ($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 (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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