Italy: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in Italy

The Italian roots and tubers, nes market reduced to $X in 2020, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a noticeable expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Exports of Roots and Tubers, nes

Exports from Italy

In 2020, after two years of decline, there was significant growth in overseas shipments of roots and tubers, nes, when their volume increased by X% to X tons. In general, exports continue to indicate a slight expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, roots and tubers, nes exports amounted to $X in 2020. Over the period under review, exports saw a prominent expansion. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for roots and tubers, nes exports from Italy, with a X% share of total exports. Moreover, roots and tubers, nes exports to France exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was occupied by Spain (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Spain (-X% per year).

In value terms, France ($X), Germany ($X) and Spain ($X) appeared to be the largest markets for roots and tubers, nes exported from Italy worldwide, with a combined X% share of total exports. The UK, Belgium, Austria, the Netherlands and Greece lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Belgium (+X% per year) saw 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 roots and tubers, nes export price stood at $X per ton in 2020, remaining relatively unchanged against the previous year. In general, export price indicated prominent growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, roots and tubers, nes export price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per ton. from 2010 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roots and Tubers, nes

Imports into Italy

In 2020, the amount of roots and tubers, nes imported into Italy dropped modestly to X tons, which is down by -X% against the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, roots and tubers, nes imports stood at $X in 2020. In general, total imports indicated pronounced growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Ghana (X tons) constituted the largest roots and tubers, nes supplier to Italy, accounting for a X% share of total imports. Moreover, roots and tubers, nes imports from Ghana exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. China (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Ghana stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and China (-X% per year).

In value terms, the largest roots and tubers, nes suppliers to Italy were Ghana ($X), the Netherlands ($X) and Spain ($X), with a combined X% share of total imports.

Spain saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average roots and tubers, nes import price stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per ton), while the price for Ghana ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Costa Rica, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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