Frozen Strawberries Price in Italy - 2023

Contents:

  1. Frozen Strawberries Price in Italy (CIF) - 2023
  2. Frozen Strawberries Price in Italy (FOB) - 2023
  3. Frozen Strawberries Imports in Italy
  4. Frozen Strawberries Exports in Italy

Frozen Strawberries Price in Italy (CIF) - 2023

The average frozen strawberries import price stood at $1,496 per ton in June 2023, which is down by -4.8% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 40% m-o-m. As a result, import price attained the peak level of $2,366 per ton. From January 2023 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($3,376 per ton), while the price for Egypt ($1,154 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 the Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Strawberries Price in Italy (FOB) - 2023

The average frozen strawberries export price stood at $1,778 per ton in June 2023, falling by -22.8% against the previous month. Overall, export price indicated a noticeable increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, frozen strawberries export price decreased by -31.4% against March 2023 indices. The pace of growth was the most pronounced in January 2023 when the average export price increased by 78% month-to-month. Over the period under review, the average export prices reached the maximum at $2,591 per ton in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Malta ($3,318 per ton), while the average price for exports to France ($1,506 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 Serbia (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Strawberries Imports in Italy

In 2022, frozen strawberries imports into Italy fell to 13K tons, shrinking by -8.7% on 2021 figures. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year.

In value terms, frozen strawberries imports reduced slightly to $22M in 2022. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 3.9% against the previous year.

Import of Frozen Strawberries in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt6.84.98.18.68.1%
Turkey1.91.92.22.813.8%
Bulgaria1.42.62.82.724.5%
Poland3.72.52.01.9-19.9%
Morocco1.53.21.51.50.0%
Spain2.30.91.10.9-26.9%
Serbia0.50.10.10.817.0%
Netherlands0.81.50.30.3-27.9%
France2.90.40.40.3-53.1%
Slovenia1.21.30.60.1-56.3%
Others2.32.53.61.8-7.8%
Total25.421.822.621.6-5.3%

Top Suppliers of Frozen Strawberries to Italy in 2022:

  1. Slovenia (undefinedK tons)
  2. Egypt (7.1K tons)
  3. Turkey (1.0K tons)
  4. Poland (0.9K tons)
  5. Morocco (0.9K tons)
  6. Bulgaria (0.8K tons)
  7. Spain (0.7K tons)
  8. Serbia (0.4K tons)
  9. Netherlands (0.2K tons)
  10. France (0.2K tons)

Frozen Strawberries Exports in Italy

In 2022, after three years of growth, there was decline in overseas shipments of frozen strawberrieses, when their volume decreased by -3.3% to 2.3K tons. The total export volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17%.

In value terms, frozen strawberries exports shrank to $4M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of $4.7M, and then fell in the following year.

Export of Frozen Strawberries in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6161,2971,4441,53835.7%
Germany2,3009181,359758-30.9%
Poland1250.20.433538.9%
Serbia36.9487672326106.7%
Turkey32.0N/A18017174.8%
Belgium295175239141-21.8%
Japan3.5N/A65.1135237.9%
Spain74.324826.112920.2%
Czech Republic0.10.1198102906.6%
Austria92.924318763.9-11.7%
Malaysia67.712741.9N/A-21.3%
Others2902123023284.2%
Total3,9333,7064,7144,0270.8%

Top Export Markets for Frozen Strawberries from Italy in 2022:

  1. France (869.8 tons)
  2. Germany (421.7 tons)
  3. Poland (286.5 tons)
  4. Serbia (222.6 tons)
  5. Spain (78.5 tons)
  6. Japan (69.7 tons)
  7. Czech Republic (66.4 tons)
  8. Turkey (64.6 tons)
  9. Austria (60.0 tons)
  10. Belgium (51.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fruit, edible; strawberries, uncooked or cooked by steaming or boiling in water, frozen, whether or not containing added sugar or other sweetening matter - Italy