Starch; Manioc (Cassava) Price in Italy - 2023
Contents:
- Starch; Manioc (Cassava) Price in Italy (CIF) - 2023
- Starch; Manioc (Cassava) Price in Italy (FOB) - 2022
- Starch; Manioc (Cassava) Imports in Italy
- Starch; Manioc (Cassava) Exports in Italy
Starch; Manioc (Cassava) Price in Italy (CIF) - 2023
In June 2023, the average starch; manioc (cassava) import price amounted to $938 per ton, increasing by 18% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $1,113 per ton in March 2023; however, from April 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($1,306 per ton), while the price for Vietnam ($735 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 Denmark (+5.2%), while the prices for the other major suppliers experienced a decline.
Starch; Manioc (Cassava) Price in Italy (FOB) - 2022
The average starch; manioc (cassava) export price stood at $1,777 per ton in 2022, with an increase of 3.5% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of 20% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,200 per ton in 2012; however, from 2013 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 Switzerland ($3,718 per ton), while the average price for exports to Spain ($1,272 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 the Netherlands (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Starch; Manioc (Cassava) Imports in Italy
In 2022, the amount of starch; manioc (cassava)s imported into Italy skyrocketed to 7.3K tons, picking up by 32% compared with 2021. The total import volume increased at an average annual rate of +14.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, starch; manioc (cassava) imports surged to $8.3M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Starch; Manioc (Cassava) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 406 | 698 | 1,075 | 2,207 | 75.8% |
| Netherlands | 753 | 715 | 1,020 | 2,058 | 39.8% |
| Denmark | N/A | N/A | 324 | 919 | 183.6% |
| Cambodia | 1,678 | 2,159 | 872 | 765 | -23.0% |
| Vietnam | N/A | N/A | N/A | 610 | 0% |
| Nicaragua | 53.5 | N/A | 598 | 318 | 81.1% |
| France | 229 | 185 | 286 | 222 | -1.0% |
| Others | 547 | 599 | 725 | 1,154 | 28.3% |
| Total | 3,666 | 4,356 | 4,900 | 8,253 | 31.1% |
Top Suppliers of Starch; Manioc (Cassava) to Italy in 2022:
- Thailand (2032.0 tons)
- Netherlands (1881.8 tons)
- Denmark (1228.3 tons)
- Cambodia (748.5 tons)
- Nicaragua (430.9 tons)
- France (323.5 tons)
- Vietnam (289.4 tons)
Starch; Manioc (Cassava) Exports in Italy
In 2022, shipments abroad of starch; manioc (cassava)s decreased by -49.8% to 72 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 237%. As a result, the exports attained the peak of 143 tons, and then reduced dramatically in the following year.
In value terms, starch; manioc (cassava) exports dropped notably to $127K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 228%. As a result, the exports attained the peak of $245K, and then reduced dramatically in the following year.
| Export of Starch; Manioc (Cassava) in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.4 | N/A | 35.5 | 55.5 | 241.0% |
| Croatia | 0.6 | 9.7 | 20.1 | 28.6 | 262.6% |
| Switzerland | 1.9 | 4.1 | 8.1 | 16.1 | 103.9% |
| Netherlands | N/A | N/A | N/A | 8.1 | 0% |
| Spain | 2.1 | 34.3 | 112 | 6.7 | 47.2% |
| Germany | 24.5 | 5.9 | 10.6 | 5.4 | -39.6% |
| Belgium | 20.8 | N/A | 0.7 | N/A | -81.7% |
| Mali | N/A | N/A | 31.4 | N/A | 0% |
| Others | 9.4 | 20.6 | 26.9 | 7.1 | -8.9% |
| Total | 60.8 | 74.7 | 245 | 127 | 27.8% |
Top Export Markets for Starch; Manioc (Cassava) from Italy in 2022:
- United Kingdom (40.8 tons)
- Croatia (14.7 tons)
- Spain (5.3 tons)
- Switzerland (4.3 tons)
- Netherlands (2.5 tons)
- Germany (1.9 tons)
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