Italy - Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMilk Price in Italy - 2023
Contents:
- Milk Price in Italy (CIF) - 2022
- Milk Price in Italy (FOB) - 2022
- Milk Imports in Italy
- Milk Exports in Italy
Milk Price in Italy (CIF) - 2022
In 2022, the average milk import price amounted to $550 per ton, increasing by 21% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milk import price increased by +35.4% against 2017 indices. Over the period under review, average import prices reached the peak figure at $559 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Czech Republic ($636 per ton) and Hungary ($620 per ton), while the price for Slovakia ($463 per ton) and the Netherlands ($496 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Milk Price in Italy (FOB) - 2022
The average milk export price stood at $833 per ton in 2022, growing by 3.1% against the previous year. In general, the export price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 7.7% against the previous year. Over the period under review, the average export prices hit record highs at $1,009 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,077 per ton), while the average price for exports to Germany ($592 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 Germany (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Milk Imports in Italy
For the third year in a row, Italy recorded decline in supplies from abroad of milk, which decreased by -5.1% to 857K tons in 2022. Over the period under review, imports faced a abrupt curtailment.
In value terms, milk imports rose significantly to $471M in 2022. Overall, imports continue to indicate a deep slump.
| Import of Milk in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 111 | 112 | 96.2 | 116 | 1.5% |
| France | 153 | 154 | 98.0 | 111 | -10.1% |
| Germany | 212 | 125 | 91.9 | 94.2 | -23.7% |
| Slovenia | 60.0 | 58.0 | 63.2 | 79.4 | 9.8% |
| Czech Republic | 14.9 | 9.9 | 13.2 | 22.8 | 15.2% |
| Slovakia | 14.8 | 13.7 | 12.2 | 17.8 | 6.3% |
| Netherlands | 5.6 | 4.5 | 1.6 | 6.7 | 6.2% |
| Hungary | 33.7 | 24.2 | 16.1 | 5.0 | -47.1% |
| Others | 29.5 | 29.3 | 18.0 | 17.9 | -15.3% |
| Total | 634 | 531 | 410 | 471 | -9.4% |
Top Suppliers of Milk to Italy in 2022:
- Austria (206.9K tons)
- France (196.9K tons)
- Germany (174.1K tons)
- Slovenia (158.3K tons)
- Slovakia (38.5K tons)
- Czech Republic (35.8K tons)
- Netherlands (13.4K tons)
- Hungary (8.1K tons)
Milk Exports in Italy
After three years of growth, shipments abroad of milk decreased by -6.6% to 47K tons in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 9.1% against the previous year. As a result, the exports reached the peak of 51K tons, and then reduced in the following year.
In value terms, milk exports dropped to $40M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of $41M, and then dropped slightly in the following year.
| Export of Milk in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 14.8 | 12.2 | 14.9 | 8.7 | -16.2% |
| Greece | 0.9 | 0.4 | 1.1 | 4.6 | 72.3% |
| Albania | 3.2 | 3.6 | 3.9 | 4.2 | 9.5% |
| Malta | 2.6 | 3.0 | 3.3 | 3.9 | 14.5% |
| Austria | 0.1 | 1.9 | 2.4 | 3.5 | 227.1% |
| Germany | 0.9 | 2.1 | 3.1 | 3.4 | 55.7% |
| Slovenia | 0.4 | 0.4 | 0.6 | 2.2 | 76.5% |
| South Korea | 0.6 | 1.2 | 2.1 | 1.7 | 41.5% |
| United Arab Emirates | 1.1 | 1.3 | 1.3 | 1.2 | 2.9% |
| South Africa | 0.3 | 0.9 | 0.6 | 0.9 | 44.2% |
| China | 4.6 | 3.1 | 3.0 | 0.8 | -44.2% |
| Others | 5.4 | 5.2 | 4.7 | 4.3 | -7.3% |
| Total | 34.9 | 35.2 | 41.0 | 39.6 | 4.3% |
Top Export Markets for Milk from Italy in 2022:
- Libya (10.3K tons)
- Germany (5.7K tons)
- Greece (5.5K tons)
- Malta (4.7K tons)
- Austria (4.7K tons)
- Albania (4.4K tons)
- Slovenia (3.2K tons)
- South Korea (1.8K tons)
- South Africa (1.3K tons)
- United Arab Emirates (1.3K tons)
- China (0.8K tons)
This report provides an in-depth analysis of the milk 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 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 888 - Skim Milk of Cows
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
-
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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