Italy - Pistachios - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPistachio Price in Italy - 2023
Contents:
- Pistachio Price in Italy (CIF) - 2023
- Pistachio Price in Italy (FOB) - 2023
- Pistachio Imports in Italy
- Pistachio Exports in Italy
Pistachio Price in Italy (CIF) - 2023
In August 2023, the average pistachio import price amounted to $11,733 per ton, leveling off at the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 15% month-to-month. Over the period under review, average import prices hit record highs at $12,458 per ton in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Iran ($24,321 per ton), while the price for the United States ($10,106 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Argentina (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Pistachio Price in Italy (FOB) - 2023
The average pistachio export price stood at $18,823 per ton in August 2023, declining by -8.4% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 24% against the previous month. The export price peaked at $23,672 per ton in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Switzerland ($38,946 per ton), while the average price for exports to France ($16,152 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Pistachio Imports in Italy
In 2022, supplies from abroad of pistachios decreased by -6.3% to 24K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, imports attained the peak of 25K tons, and then declined in the following year.
In value terms, pistachio imports totaled $250M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Pistachio in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 69.3 | 50.5 | 55.4 | 75.5 | 2.9% |
Turkey | 40.0 | 20.7 | 52.5 | 50.6 | 8.2% |
Germany | 43.5 | 36.9 | 52.9 | 44.9 | 1.1% |
Iran | 14.1 | 54.6 | 56.3 | 17.9 | 8.3% |
Greece | 5.6 | 3.1 | 5.5 | 16.2 | 42.5% |
Spain | 7.6 | 8.1 | 9.1 | 14.6 | 24.3% |
Belgium | 8.9 | 4.7 | 5.6 | 11.5 | 8.9% |
Others | 10.2 | 10.3 | 11.1 | 18.6 | 22.2% |
Total | 199 | 189 | 248 | 250 | 7.9% |
Top Suppliers of Pistachio to Italy in 2022:
- United States (7.9K tons)
- Germany (4.3K tons)
- Turkey (3.4K tons)
- Greece (1.9K tons)
- Iran (1.7K tons)
- Belgium (1.3K tons)
- Spain (1.2K tons)
Pistachio Exports in Italy
In 2022, the amount of pistachios exported from Italy expanded modestly to 2.3K tons, growing by 3% compared with the year before. The total export volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, pistachio exports expanded modestly to $40M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Pistachio in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 10.7 | 10.2 | 14.3 | 15.0 | 11.9% |
Germany | 2.7 | 3.7 | 7.3 | 7.5 | 40.6% |
Spain | 8.1 | 10.1 | 6.9 | 6.8 | -5.7% |
Belgium | 2.1 | 2.4 | 1.7 | 2.0 | -1.6% |
Japan | 1.7 | 1.2 | 1.4 | 1.7 | 0.0% |
Austria | 0.4 | 0.2 | 1.0 | 1.2 | 44.2% |
United States | 1.9 | 0.1 | 0.2 | 0.7 | -28.3% |
Romania | 0.3 | 0.2 | 0.2 | 0.7 | 32.6% |
Poland | 0.2 | 0.7 | 2.0 | 0.7 | 51.8% |
Netherlands | 1.0 | 0.7 | 0.6 | 0.6 | -15.7% |
United Kingdom | 1.5 | 0.3 | 0.1 | 0.6 | -26.3% |
Others | 1.8 | 1.6 | 2.4 | 2.2 | 6.9% |
Total | 32.6 | 31.4 | 38.1 | 39.7 | 6.8% |
Top Export Markets for Pistachio from Italy in 2022:
- France (860.6 tons)
- Germany (501.3 tons)
- Spain (357.0 tons)
- Belgium (100.7 tons)
- Austria (72.1 tons)
- Romania (61.4 tons)
- Netherlands (46.5 tons)
- United States (45.1 tons)
- Poland (41.8 tons)
- United Kingdom (34.3 tons)
- Japan (34.1 tons)
This report provides an in-depth analysis of the pistachio 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 223 - Pistachios
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
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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
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During the period from September 2022 to July 2023, the import of Shelled Walnuts faced a setback in terms of growth. The total value of imported Shelled Walnuts in July 2023 amounted to $4.5M.
In January 2023, the walnut price fell to $2,168 per ton (CIF, Italy), a decrease of 10% from the previous month.
The exports of Chestnuts reached a peak of 14K tons in 2020. Unfortunately, in the following years from 2021 to 2023, the exports failed to pick up momentum, resulting in a total value of $62M in 2023.
In January 2023, the chestnut price amounted to $2,721 per ton (CIF, Italy), shrinking by -5.3% against the previous month.
Global pistachio market analysis from 2023 to 2030, including consumption trends, market performance, production, imports, and exports.
Pistachio prices are to keep moderately growing as global production is forecast to drop by 16% y/y to 829K tons in 2022. Lower outputs are expected in Iran and Turkey, while U.S. production is projected to gain 10% y/y to a record 523K tons, ensuring stable exports.
The global pistachio market expanded slightly to $10.6B in 2019, growing by 4% against the previous year. This figure...
Global pistachio consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
In 2015, the country with the largest volume of the pistachio output was Iran (X thousand tons), accounting for X% of global production.
The sanctions imposed on Iran in X were partially lifted this year on January, X. Despite the toll taken on the Iranian economy by years under these measures, the country was able to maintain its world's highest rates of pistachio production, doubl