Italy: Vinegar Market 2024

Vinegar Market Size in Italy

The Italian vinegar market surged to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable decline. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Vinegar Production in Italy

In value terms, vinegar production expanded markedly to $X in 2022 estimated in export price. In general, production continues to indicate a measured increase. The growth pace was the most rapid in 2021 with an increase of X%. Vinegar production peaked in 2022 and is expected to retain growth in the near future.

Vinegar Exports

Exports from Italy

After three years of growth, shipments abroad of vinegar decreased by X% to X tons in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, vinegar exports declined to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped in the following year.

Exports by Country

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

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

In value terms, the United States ($X) remains the key foreign market for vinegar exports from Italy, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and France (X% per year).

Export Prices by Country

The average vinegar export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

Vinegar Imports

Imports into Italy

In 2022, approx. X tons of vinegar were imported into Italy; growing by X% on the previous year. In general, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, vinegar imports reached $X in 2022. Overall, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Greece (X tons), Spain (X tons) and the Czech Republic (X tons) were the main suppliers of vinegar imports to Italy, with a combined X% share of total imports. Germany, France, the Netherlands, Belgium and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vinegar suppliers to Italy were Greece ($X), Spain ($X) and Germany ($X), together accounting for X% of total imports. France, the Netherlands, the Czech Republic, the UK and Belgium lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average vinegar import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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