Italy - Anchovies (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Anchovies Price in Italy - 2023
Contents:
- Preserved Anchovies Price in Italy (CIF) - 2023
- Preserved Anchovies Price in Italy (FOB) - 2023
- Preserved Anchovies Imports in Italy
- Preserved Anchovies Exports in Italy
Preserved Anchovies Price in Italy (CIF) - 2023
The average preserved anchovies import price stood at $13,552 per ton in June 2023, with an increase of 16% against the previous month. In general, import price indicated a prominent increase from June 2022 to June 2023: its price increased at an average monthly rate of +6.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, preserved anchovies import price increased by +16.7% against March 2023 indices. The pace of growth was the most pronounced in July 2022 an increase of 45% against the previous month. The import price peaked in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($28,587 per ton), while the price for Croatia ($8,407 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 Spain (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Anchovies Price in Italy (FOB) - 2023
The average preserved anchovies export price stood at $17,366 per ton in June 2023, almost unchanged from the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in April 2023 an increase of 22% m-o-m. As a result, the export price attained the peak level of $17,980 per ton. From May 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($23,102 per ton), while the average price for exports to Australia ($12,487 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 Switzerland (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Anchovies Imports in Italy
After three years of growth, supplies from abroad of anchovies (prepared or preserved) decreased by -11.1% to 8K tons in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 9.3%. As a result, imports reached the peak of 9K tons, and then fell in the following year.
In value terms, preserved anchovies imports dropped to $78M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 8.8%. As a result, imports reached the peak of $82M, and then reduced in the following year.
Import of Preserved Anchovies in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Morocco | 23.8 | 26.0 | 31.7 | 25.7 | 2.6% |
Albania | 20.2 | 22.9 | 22.6 | 24.9 | 7.2% |
Spain | 6.1 | 6.4 | 8.6 | 11.5 | 23.5% |
Tunisia | 11.6 | 12.1 | 10.0 | 10.3 | -3.9% |
Peru | 7.0 | 6.2 | 6.7 | 4.3 | -15.0% |
Croatia | 1.2 | 0.8 | 0.9 | 0.8 | -12.6% |
Others | 1.3 | 1.0 | 1.6 | 0.1 | -57.5% |
Total | 71.2 | 75.3 | 82.0 | 77.7 | 3.0% |
Top Suppliers of Preserved Anchovies to Italy in 2022:
- Morocco (3.3K tons)
- Albania (2.1K tons)
- Tunisia (1.0K tons)
- Spain (0.9K tons)
- Peru (0.5K tons)
- Croatia (0.1K tons)
Preserved Anchovies Exports in Italy
In 2022, approx. 2.8K tons of anchovies (prepared or preserved) were exported from Italy; growing by 2.6% on 2021 figures. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 9.7% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, preserved anchovies exports reached $43M in 2022. The total export value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Preserved Anchovies in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Albania | 3.6 | 4.8 | 5.1 | 5.6 | 15.9% |
Japan | 4.5 | 4.3 | 3.9 | 5.5 | 6.9% |
United States | 4.5 | 4.1 | 4.3 | 4.9 | 2.9% |
Australia | 3.1 | 4.2 | 4.2 | 3.7 | 6.1% |
Germany | 2.3 | 2.4 | 3.2 | 3.3 | 12.8% |
Spain | 0.8 | 1.0 | 2.1 | 2.2 | 40.1% |
Russia | 1.2 | 1.5 | 2.4 | 1.8 | 14.5% |
Canada | 1.1 | 1.7 | 1.8 | 1.4 | 8.4% |
France | 1.9 | 1.5 | 1.6 | 1.3 | -11.9% |
Austria | 1.2 | 1.5 | 1.9 | 1.3 | 2.7% |
Belgium | 1.0 | 1.3 | 1.5 | 1.3 | 9.1% |
United Kingdom | 1.1 | 0.6 | 1.0 | 1.2 | 2.9% |
Poland | 0.3 | 0.4 | 0.9 | 0.7 | 32.6% |
Others | 6.3 | 6.6 | 7.8 | 8.5 | 10.5% |
Total | 32.8 | 36.0 | 41.9 | 42.6 | 9.1% |
Top Export Markets for Preserved Anchovies from Italy in 2022:
- Albania (348.3 tons)
- Japan (327.7 tons)
- United States (279.9 tons)
- Australia (271.0 tons)
- Germany (220.8 tons)
- Spain (129.7 tons)
- Russia (124.8 tons)
- Canada (100.3 tons)
- Belgium (99.1 tons)
- Austria (91.4 tons)
- France (84.5 tons)
- United Kingdom (70.2 tons)
- Poland (51.4 tons)
This report provides an in-depth analysis of the preserved anchovies 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:
- Prodcom 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)
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
- 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 VOLUME AND VALUE
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
- 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
- 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 review period, imports of Preserved Anchovies reached a peak of 8.8K tons in 2021. However, from 2022 to 2023, imports stayed at a lower level. In terms of value, preserved anchovies imports experienced a significant increase to $94M in 2023.
In March 2023, the preserved anchovies price stood at $11,608 per ton (CIF, Italy), shrinking by -8% against the previous month.
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During the review period, imports of Preserved Anchovies reached a peak of 8.8K tons in 2021. However, from 2022 to 2023, imports stayed at a lower level. In terms of value, preserved anchovies imports experienced a significant increase to $94M in 2023.
In March 2023, the preserved anchovies price stood at $11,608 per ton (CIF, Italy), shrinking by -8% against the previous month.
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