Italy: Dried Prune Market 2024

Dried Prune Market Size in Italy

After six years of growth, the Italian dried prune market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped slightly in the following year.

Dried Prune Production in Italy

In value terms, dried prune production declined to $X in 2022 estimated in export price. Over the period under review, the total production indicated strong 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, production increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Dried prune production peaked at $X in 2021, and then fell in the following year.

Dried Prune Exports

Exports from Italy

In 2022, exports of dried prunes from Italy was estimated at X tons, almost unchanged from the year before. Over the period under review, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, dried prune exports surged to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X tons), Slovenia (X tons) and Malta (X tons) were the main destinations of dried prune exports from Italy, together comprising X% of total exports. Belgium, Germany, Finland and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Sweden ($X), Slovenia ($X) and Belgium ($X) appeared to be the largest markets for dried prune exported from Italy worldwide, with a combined X% share of total exports. Germany, Finland, Malta and the UK lagged somewhat behind, together comprising a further X%.

Finland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average dried prune export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price recorded a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Malta ($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 Slovenia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Prune Imports

Imports into Italy

In 2022, approx. X tons of dried prunes were imported into Italy; growing by X% on 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, dried prune imports surged to $X in 2022. Overall, total imports indicated a buoyant increase 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 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Chile (X tons), the United States (X tons) and France (X tons) were the main suppliers of dried prune imports to Italy, together accounting for X% of total imports. Bulgaria, the Netherlands, Argentina, Germany, Spain and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dried prune suppliers to Italy were the United States ($X), Chile ($X) and France ($X), together comprising X% of total imports. The Netherlands, Bulgaria, Argentina, Germany, Spain and the UK lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dried prune import price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price 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, dried prune import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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