Italy: Quince Market 2024

Quince Market Size in Italy

In 2022, the Italian quince market decreased by -12.8% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a deep slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Quince Production in Italy

In value terms, quince production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a deep reduction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 42%. Quince production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of quinces in Italy stood at X tons per ha in 2022, surging by 2% against 2021. Overall, the yield, however, continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2015 with an increase of 85%. Over the period under review, the average quince yield attained the peak level at X tons per ha in 2016; however, from 2017 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of quinces were harvested in Italy; which is down by -1.6% against the year before. Overall, the harvested area showed a noticeable decline. The pace of growth was the most pronounced in 2017 when the harvested area increased by 59% against the previous year. Over the period under review, the harvested area dedicated to quince production attained the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Quince Exports

Exports from Italy

In 2022, shipments abroad of quinces increased by 117% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a slight decline. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, quince exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a perceptible setback. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for quince exports from Italy, accounting for a 49% share of total exports. Moreover, quince exports to Spain exceeded the volume sent to the second major destination, Switzerland (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled +4,523.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-13.0% per year) and Germany (-11.4% per year).

In value terms, the largest markets for quince exported from Italy were Spain ($X), Switzerland ($X) and Germany ($X), with a combined 54% share of total exports.

Spain, with a CAGR of +2,670.5%, saw the highest rates of growth with regard to the value of exports, among 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

The average quince export price stood at $X per ton in 2022, declining by -30.3% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2019 an increase of 33%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Spain ($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 Hungary (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Quince Imports

Imports into Italy

In 2022, overseas purchases of quinces decreased by -29.1% to X tons, falling for the second year in a row after two years of growth. Overall, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 165%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, quince imports shrank sharply to $X in 2022. In general, imports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 164%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Croatia (X tons), France (X tons) and Spain (X tons) were the main suppliers of quince imports to Italy, together comprising 67% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +54.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest quince suppliers to Italy were Croatia ($X), Spain ($X) and France ($X), with a combined 71% share of total imports.

In terms of the main suppliers, Croatia, with a CAGR of +52.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average quince import price stood at $X per ton in 2022, waning by -11.7% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, quince import price decreased by -16.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 71%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 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 Spain ($X per ton), while the price for Slovenia ($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 (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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