Italy - Canary Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanary Seed Price in Italy - 2023
Contents:
- Canary Seed Price in Italy (CIF) - 2023
- Canary Seed Price in Italy (FOB) - 2022
- Canary Seed Imports in Italy
- Canary Seed Exports in Italy
Canary Seed Price in Italy (CIF) - 2023
In June 2023, the average canary seed import price amounted to $870 per ton, which is down by -5.1% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 19% against the previous month. The import price peaked at $1,018 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From June 2022 to June 2023, the rate of growth in terms of prices for Canada amounted to -0.5% per month.
Canary Seed Price in Italy (FOB) - 2022
The average canary seed export price stood at $1,333 per ton in 2022, jumping by 23% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sri Lanka ($1,472 per ton) and France ($1,444 per ton), while the average price for exports to Tunisia ($1,171 per ton) and Austria ($1,186 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.
Canary Seed Imports in Italy
In 2022, imports of canary seed into Italy fell remarkably to 4.9K tons, reducing by -30% against the previous year's figure. Overall, imports faced a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year.
In value terms, canary seed imports reduced to $4.7M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of $4.9M, and then contracted slightly in the following year.
| Import of Canary Seed in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.2 | 3.6 | 4.1 | 4.7 | 13.7% |
| Hungary | 0.9 | 0.1 | 0.5 | N/A | -25.5% |
| Others | 0.3 | 0.1 | 0.2 | N/A | -18.4% |
| Total | 4.4 | 3.8 | 4.9 | 4.7 | 2.2% |
Top Suppliers of Canary Seed to Italy in 2022:
- Canada (4.9K tons)
Canary Seed Exports in Italy
In 2022, shipments abroad of canary seed was finally on the rise to reach 243 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep downturn.
In value terms, canary seed exports surged to $323K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Canary Seed in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 119 | 122 | 65.5 | 139 | 5.3% |
| Austria | 58.0 | N/A | N/A | 88.8 | 15.3% |
| Saudi Arabia | 3.3 | 10.6 | 17.0 | 26.4 | 100.0% |
| Portugal | 6.3 | 9.1 | 19.6 | 11.4 | 21.9% |
| France | 9.9 | 10.7 | 10.0 | 9.4 | -1.7% |
| Belgium | 3.1 | 5.7 | 10.7 | 9.2 | 43.7% |
| Bahrain | 6.2 | 1.9 | 1.7 | 8.4 | 10.7% |
| Sri Lanka | N/A | 1.5 | 7.6 | 5.9 | 98.3% |
| Tunisia | N/A | N/A | 3.4 | 4.7 | 38.2% |
| Algeria | 6.7 | 22.3 | 12.9 | 1.3 | -42.1% |
| Greece | 5.5 | 5.5 | 6.3 | 1.1 | -41.5% |
| Vietnam | N/A | 17.0 | N/A | N/A | 0% |
| Poland | N/A | 31.2 | 0.1 | N/A | -99.7% |
| Others | 7.9 | 16.3 | 15.2 | 18.1 | 31.8% |
| Total | 226 | 254 | 170 | 323 | 12.6% |
Top Export Markets for Canary Seed from Italy in 2022:
- Poland (undefined tons)
- Spain (99.0 tons)
- Austria (74.8 tons)
- Saudi Arabia (19.2 tons)
- Portugal (8.3 tons)
- Belgium (6.8 tons)
- France (6.5 tons)
- Bahrain (6.2 tons)
- Tunisia (4.0 tons)
- Sri Lanka (4.0 tons)
- Algeria (1.0 tons)
- Greece (0.8 tons)
This report provides an in-depth analysis of the canary seed market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 101 - Canary seed
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
516
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From March 2023 to September 2023, the growth of Canary Seed imports stayed at a lower level. The value of imports for Canary Seed skyrocketed to $659K in September 2023.
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The rate of growth for Quinoa imports experienced significant growth in August 2023, with a month-on-month increase of 133%. However, the value of quinoa imports declined sharply to $401K in September 2023.
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