Italy - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChili and Pepper Price in Italy - 2023
Contents:
- Chili and Pepper Price in Italy (CIF) - 2023
- Chili and Pepper Price in Italy (FOB) - 2023
- Chili and Pepper Imports in Italy
- Chili and Pepper Exports in Italy
Chili and Pepper Price in Italy (CIF) - 2023
The average chili and pepper import price stood at $2,216 per ton in June 2023, falling by -5.3% against the previous month. In general, import price indicated a mild expansion from June 2022 to June 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, chili and pepper import price decreased by -7.7% against February 2023 indices. The growth pace was the most rapid in February 2023 when the average import price increased by 58% m-o-m. As a result, import price attained the peak level of $2,401 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,235 per ton), while the price for France ($1,501 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chili and Pepper Price in Italy (FOB) - 2023
The average chili and pepper export price stood at $2,784 per ton in June 2023, declining by -10.2% against the previous month. In general, export price indicated a tangible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, chili and pepper export price decreased by -12.0% against February 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 38% month-to-month. As a result, the export price reached the peak level of $3,163 per ton. From March 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($3,917 per ton), while the average price for exports to the Netherlands ($1,414 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Chili and Pepper Imports in Italy
In 2022, approx. 91K tons of chilies and peppers (green) were imported into Italy; declining by -2.9% against 2021. In general, imports recorded a noticeable setback. The smallest decline of -2.2% was in 2020.
In value terms, chili and pepper imports dropped to $136M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 2.3% against the previous year.
| Import of Chili and Pepper in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 91.4 | 88.3 | 90.8 | 91.1 | -0.1% |
| Netherlands | 12.6 | 17.3 | 18.1 | 24.8 | 25.3% |
| France | 10.5 | 14.4 | 13.0 | 7.7 | -9.8% |
| Germany | 8.6 | 8.6 | 9.3 | 6.0 | -11.3% |
| Poland | 2.7 | 1.7 | 2.1 | 4.0 | 14.0% |
| Others | 8.8 | 7.4 | 6.5 | 2.2 | -37.0% |
| Total | 135 | 138 | 140 | 136 | 0.2% |
Top Suppliers of Chili and Pepper to Italy in 2022:
- Spain (65.3K tons)
- Netherlands (13.3K tons)
- France (6.5K tons)
- Poland (2.7K tons)
- Germany (2.3K tons)
Chili and Pepper Exports in Italy
In 2022, the amount of chilies and peppers (green) exported from Italy reduced to 13K tons, with a decrease of -11% compared with 2021 figures. Over the period under review, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 4.8%.
In value terms, chili and pepper exports contracted dramatically to $26M in 2022. Overall, exports recorded a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports attained the peak of $33M, and then plummeted in the following year.
| Export of Chili and Pepper in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 7.3 | 10.1 | 12.2 | 9.5 | 9.2% |
| Slovenia | 3.9 | 4.0 | 4.2 | 4.3 | 3.3% |
| Netherlands | 3.2 | 2.8 | 3.9 | 3.3 | 1.0% |
| France | 2.1 | 3.6 | 3.3 | 2.3 | 3.1% |
| Croatia | 2.3 | 1.8 | 2.5 | 2.3 | 0.0% |
| Germany | 2.3 | 2.0 | 2.3 | 1.7 | -9.6% |
| Romania | 0.9 | 0.5 | 0.4 | 0.4 | -23.7% |
| Czech Republic | 1.7 | 0.3 | N/A | N/A | -82.4% |
| Others | 4.3 | 3.5 | 3.9 | 2.6 | -15.4% |
| Total | 28.0 | 28.5 | 32.7 | 26.4 | -1.9% |
Top Export Markets for Chili and Pepper from Italy in 2022:
- Czech Republic (undefinedK tons)
- Austria (3.5K tons)
- Netherlands (2.7K tons)
- Slovenia (2.4K tons)
- Croatia (1.3K tons)
- France (1.0K tons)
- Germany (0.7K tons)
- Romania (0.3K tons)
This report provides an in-depth analysis of the chili and pepper 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 401 - Chillies and peppers (green)
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.
-
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
-
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
-
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
-
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
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