Italy: Green Peas Market 2024

Green Peas Market Size in Italy

The Italian green peas market was finally on the rise to reach $X in 2023, after two years of decline. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Green Peas Production in Italy

In value terms, green peas production reached $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Green peas production peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

In 2023, the average yield of peas (green) in Italy rose rapidly to X tons per ha, with an increase of X% on 2022. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2023, the growth of the average green peas yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, approx. X ha of peas (green) were harvested in Italy; dropping by X% compared with the previous year. In general, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to green peas production attained the maximum at X ha in 2022, and then contracted slightly in the following year.

Green Peas Exports

Exports from Italy

In 2023, the amount of peas (green) exported from Italy fell to X tons, with a decrease of X% compared with the year before. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, green peas exports rose significantly to $X in 2023. Over the period under review, total exports indicated a measured expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Denmark (X tons), France (X tons) and the Czech Republic (X tons) were the main destinations of green peas exports from Italy, with a combined X% share of total exports. Germany, Switzerland, the Netherlands, the UK and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for green peas exported from Italy were Denmark ($X), France ($X) and the Czech Republic ($X), with a combined X% share of total exports. Germany, the UK, Switzerland, the Netherlands and Slovakia lagged somewhat behind, together comprising a further X%.

Slovakia, 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 2023, the average green peas export price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Green Peas Imports

Imports into Italy

Green peas imports into Italy soared to X tons in 2023, with an increase of X% against 2022 figures. Over the period under review, imports posted prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, green peas imports contracted slightly to $X in 2023. In general, imports recorded a notable increase. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the Czech Republic (X tons) constituted the largest green peas supplier to Italy, accounting for a X% share of total imports. Moreover, green peas imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Austria (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the Czech Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Austria (X% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of peas (green) to Italy, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the Czech Republic amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

Import Prices by Country

The average green peas import price stood at $X per ton in 2023, waning by X% against the previous year. Overall, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform