Italy: Pyrethrum And Peppermint Market 2025

Pyrethrum And Peppermint Market Size in Italy

In 2021, after two years of growth, there was significant decline in the Italian pyrethrum and peppermint market, when its value decreased by -7.9% to $X. The market value increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Pyrethrum and peppermint consumption peaked at $X in 2020, and then declined in the following year.

Pyrethrum And Peppermint Production in Italy

In value terms, pyrethrum and peppermint production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when the production volume increased by 29%. As a result, production attained the peak level of $X, and then declined in the following year.

Pyrethrum And Peppermint Exports

Exports from Italy

Pyrethrum and peppermint exports from Italy surged to X tons in 2021, picking up by 21% against 2020. In general, total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +13.4% against 2018 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 33%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, pyrethrum and peppermint exports skyrocketed to $X in 2021. Overall, exports recorded a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by 50%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), France (X tons) and Switzerland (X tons) were the main destinations of pyrethrum and peppermint exports from Italy, with a combined 42% share of total exports. Poland, the UK, the Netherlands, Hungary, Spain, Romania, the United States, Austria, Brazil and Argentina lagged somewhat behind, together comprising a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +35.8%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Switzerland ($X) and Germany ($X) constituted the largest markets for pyrethrum and peppermint exported from Italy worldwide, with a combined 53% share of total exports. Poland, Hungary, the Netherlands, the UK, the United States, Spain, Austria, Romania, Argentina and Brazil lagged somewhat behind, together accounting for a further 35%.

Among the main countries of destination, Poland, with a CAGR of +54.4%, recorded 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

The average pyrethrum and peppermint export price stood at $X per ton in 2021, picking up by 7.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2020 an increase of 26% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Spain ($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 Poland (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrethrum And Peppermint Imports

Imports into Italy

For the fourth year in a row, Italy recorded growth in supplies from abroad of pyrethrum and peppermint, which increased by 16% to X tons in 2021. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pyrethrum and peppermint imports reduced to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 25% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then declined in the following year.

Imports by Country

India (X tons), Austria (X tons) and Germany (X tons) were the main suppliers of pyrethrum and peppermint imports to Italy, with a combined 34% share of total imports. France, Morocco, the Netherlands, Croatia, Turkey, Poland, the Czech Republic, Albania, Bulgaria and China lagged somewhat behind, together comprising a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +189.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pyrethrum and peppermint suppliers to Italy were India ($X), Germany ($X) and France ($X), together comprising 43% of total imports. Austria, Croatia, the Netherlands, China, Poland, Turkey, Morocco, the Czech Republic, Albania and Bulgaria lagged somewhat behind, together accounting for a further 36%.

The Czech Republic, with a CAGR of +122.1%, saw the highest growth rate of 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

In 2021, the average pyrethrum and peppermint import price amounted to $X per ton, shrinking by -24.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 19% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Morocco ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :