Italy: Tapioca And Substitutes Market 2025

Tapioca And Substitutes Market Size in Italy

For the third year in a row, the Italian tapioca and substitutes market recorded growth in sales value, which increased by 79% to $X in 2021. In general, consumption posted significant growth. Tapioca and substitutes consumption peaked in 2021 and is expected to retain growth in years to come.

Tapioca And Substitutes Production in Italy

In value terms, tapioca and substitutes production stood at $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. Tapioca and substitutes production peaked in 2021 and is likely to see steady growth in years to come.

Tapioca And Substitutes Exports

Exports from Italy

In 2021, shipments abroad of tapioca and substitutes increased by 54% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2014 when exports increased by 6,539% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, tapioca and substitutes exports soared to $X in 2021. Over the period under review, exports continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 15,460% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons), Spain (X tons) and Austria (X tons) were the main destinations of tapioca and substitutes exports from Italy, together comprising 71% of total exports. Malta, Germany, Estonia and Greece lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +128.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Malta ($X) and Austria ($X) appeared to be the largest markets for tapioca and substitutes exported from Italy worldwide, together comprising 63% of total exports. Spain, Germany, Estonia and Greece lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Germany, with a CAGR of +142.7%, 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

In 2021, the average tapioca and substitutes export price amounted to $X per ton, falling by -20.6% against the previous year. Overall, the export price saw a mild descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 134%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malta ($X per ton), while the average price for exports to Spain ($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 China (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tapioca And Substitutes Imports

Imports into Italy

For the third year in a row, Italy recorded growth in overseas purchases of tapioca and substitutes, which increased by 29% to X tons in 2021. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 268% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, tapioca and substitutes imports soared to $X in 2021. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 140% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Cote d'Ivoire (X tons) constituted the largest tapioca and substitutes supplier to Italy, accounting for a 75% share of total imports. Moreover, tapioca and substitutes imports from Cote d'Ivoire exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold. The Netherlands (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Cote d'Ivoire amounted to +34.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+22.5% per year) and the Netherlands (+107.8% per year).

In value terms, Cote d'Ivoire ($X) constituted the largest supplier of tapioca and substitutes to Italy, comprising 55% of total imports. The second position in the ranking was taken by Denmark ($X), with a 12% share of total imports. It was followed by the Netherlands, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value from Cote d'Ivoire totaled +41.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+28.3% per year) and the Netherlands (+103.4% per year).

Import Prices by Country

The average tapioca and substitutes import price stood at $X per ton in 2021, rising by 25% against the previous year. Over the period under review, the import price, however, continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 49% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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 Denmark ($X per ton), while the price for Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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