Price for Citrus Fruits Not Elsewhere Classified in Italy - 2023
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Italy (CIF) - 2023
- Price for Citrus Fruits Not Elsewhere Classified in Italy (FOB) - 2022
- Imports of Citrus Fruits Not Elsewhere Classified in Italy
- Exports of Citrus Fruits Not Elsewhere Classified in Italy
Price for Citrus Fruits Not Elsewhere Classified in Italy (CIF) - 2023
The average import price for citrus fruits not elsewhere classified stood at $1,138 per ton in June 2023, with a decrease of -65.2% against the previous month. Overall, the import price saw a perceptible decline. The pace of growth was the most pronounced in January 2023 an increase of 423% month-to-month. As a result, import price reached the peak level of $4,311 per ton. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($1,399 per ton), while the price for the Netherlands totaled $935 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Citrus Fruits Not Elsewhere Classified in Italy (FOB) - 2022
In 2022, the average export price for citrus fruits not elsewhere classified amounted to $4,105 per ton, increasing by 11% against the previous year. Overall, the export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 127% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($23,237 per ton), while the average price for exports to Malta ($1,320 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 the United States (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Citrus Fruits Not Elsewhere Classified in Italy
In 2022, approx. 1.6K tons of citrus fruits not elsewhere classified were imported into Italy; with an increase of 3.5% on 2021 figures. Overall, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year. As a result, imports attained the peak of 4.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, citrus fruits not elsewhere classified imports dropped dramatically to $1.9M in 2022. In general, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 49% against the previous year. As a result, imports attained the peak of $4.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Citrus Fruits Not Elsewhere Classified in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.4 | 3.9 | 2.2 | 1.7 | -10.9% |
| Greece | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.4 | 0.3 | 0.2 | 0.2 | -20.6% |
| Total | 2.8 | 4.2 | 2.4 | 1.9 | -12.1% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Italy in 2022:
- Spain (1444.2 tons)
- Greece (78.1 tons)
Exports of Citrus Fruits Not Elsewhere Classified in Italy
In 2022, shipments abroad of citrus fruits not elsewhere classified decreased by -17.6% to 342 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 7.9% against the previous year. As a result, the exports reached the peak of 1.7K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, citrus fruits not elsewhere classified exports reduced to $1.4M in 2022. Over the period under review, exports saw a dramatic curtailment. The smallest decline of -2.8% was in 2020.
| Export of Citrus Fruits Not Elsewhere Classified in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 255 | 439 | 581 | 660 | 37.3% |
| France | 108 | 393 | 406 | 246 | 31.6% |
| Germany | 436 | 135 | 227 | 197 | -23.3% |
| Malta | 33.5 | 24.8 | 44.4 | 43.1 | 8.8% |
| Belgium | 21.1 | 39.5 | 49.7 | 41.6 | 25.4% |
| Slovenia | 16.2 | 10.4 | 16.7 | 37.9 | 32.8% |
| Denmark | 21.5 | 26.5 | 24.3 | 27.1 | 8.0% |
| Spain | 420 | 642 | 1.2 | 1.8 | -83.8% |
| United Kingdom | 641 | 544 | 5.3 | 1.0 | -88.4% |
| Greece | 521 | 204 | 0.7 | 0.6 | -89.5% |
| Others | 312 | 252 | 181 | 146 | -22.4% |
| Total | 2,786 | 2,709 | 1,538 | 1,402 | -20.5% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Italy in 2022:
- France (117.8 tons)
- Germany (65.2 tons)
- Malta (32.6 tons)
- United States (28.4 tons)
- Belgium (17.8 tons)
- Slovenia (16.3 tons)
- Denmark (13.9 tons)
- Spain (0.7 tons)
- United Kingdom (0.3 tons)
- Greece (0.2 tons)
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