Italy: Sausage Market 2024

Sausage Market Size in Italy

The Italian sausage market was estimated at $X in 2021, growing by 3.7% against the previous year. The market value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sausage consumption peaked in 2021 and is expected to retain growth in years to come.

Sausage Production in Italy

In value terms, sausage production expanded markedly to $X in 2021 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +49.8% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of 24%. Sausage production peaked in 2021 and is likely to see steady growth in the near future.

Sausage Exports

Exports from Italy

In 2021, exports of sausages and similar products of meat from Italy expanded markedly to X tons, increasing by 14% against 2020. The total export volume increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sausage exports surged to $X in 2021. Overall, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +72.4% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for sausage exports from Italy, with a 20% share of total exports. Moreover, sausage exports to Germany exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was held by the UK (X tons), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.6% per year) and the UK (+0.8% per year).

In value terms, Germany ($X) remains the key foreign market for sausages and similar products of meat exports from Italy, comprising 24% of total exports. The second position in the ranking was taken by the UK ($X), with an 11% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+3.7% per year) and France (+5.5% per year).

Export Prices by Country

The average sausage export price stood at $X per ton in 2021, growing by 2.7% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2020 an increase of 14%. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Serbia ($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 the UK (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sausage Imports

Imports into Italy

In 2021, after three years of decline, there was significant growth in purchases abroad of sausages and similar products of meat, when their volume increased by 20% to X tons. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, sausage imports surged to $X in 2021. Overall, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.3% against 2015 indices. The growth pace was the most rapid in 2019 with an increase of 28%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

Imports by Country

Romania (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of sausage imports to Italy, with a combined 75% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +15.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Austria ($X) and Germany ($X) were the largest sausage suppliers to Italy, with a combined 76% share of total imports.

In terms of the main suppliers, Romania, with a CAGR of +16.9%, saw the highest rates of growth with regard to 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 sausage import price stood at $X per ton in 2021, standing approx. at the previous year. Overall, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sausage import price increased by +79.3% against 2016 indices. The growth pace was the most rapid in 2019 an increase of 30%. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Belgium ($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 (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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