Italy: Market for Cider, Perry, Mead And Other Fermented Beverages 2024

Market Size for Cider, Perry, Mead And Other Fermented Beverages in Italy

In 2023, the Italian cider, perry and mead market was finally on the rise to reach $X for the first time since 2018, thus ending a four-year declining trend. In general, consumption, however, recorded a deep slump. Cider, perry and mead consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Cider, Perry, Mead And Other Fermented Beverages in Italy

In value terms, cider, perry and mead production contracted markedly to $X in 2023 estimated in export price. Overall, production saw a significant increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2022, and then fell dramatically in the following year.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports from Italy

In 2023, approx. X litres of cider, perry, mead and other fermented beverages were exported from Italy; approximately equating the previous year. Overall, exports posted a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X litres in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, cider, perry and mead exports expanded modestly to $X in 2023. Over the period under review, exports saw a resilient increase. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

The United States (X litres) was the main destination for cider, perry and mead exports from Italy, with a X% share of total exports. Moreover, cider, perry and mead exports to the United States exceeded the volume sent to the second major destination, Ukraine (X litres), sevenfold. France (X litres) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and France (X% per year).

In value terms, the United States ($X) remains the key foreign market for cider, perry, mead and other fermented beverages exports from Italy, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and France (X% per year).

Export Prices by Country

In 2023, the average cider, perry and mead export price amounted to $X per litre, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked in 2023 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per litre), while the average price for exports to France ($X per litre) was amongst the lowest.

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

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports into Italy

In 2023, cider, perry and mead imports into Italy declined modestly to X litres, stabilizing at 2022 figures. Overall, total imports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2019 with an increase of X%. Imports peaked at X litres in 2022, and then fell modestly in the following year.

In value terms, cider, perry and mead imports surged to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Germany (X litres) constituted the largest cider, perry and mead supplier to Italy, accounting for a X% share of total imports. Moreover, cider, perry and mead imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X litres), fivefold. China (X litres) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and China (X% per year).

In value terms, Germany ($X) constituted the largest supplier of cider, perry, mead and other fermented beverages to Italy, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Poland (X% per year).

Import Prices by Country

In 2023, the average cider, perry and mead import price amounted to $X per litre, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable contraction. The import price peaked at $X per litre in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per litre), while the price for Slovenia ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform