Italy - Walnuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Italy - Walnuts - Market Analysis, Forecast, Size, Trends and Insights

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Walnut Price in Italy - 2023

Contents:

  1. Walnut Price in Italy (CIF) - 2023
  2. Walnut Price in Italy (FOB) - 2022
  3. Walnut Imports in Italy
  4. Walnut Exports in Italy

Walnut Price in Italy (CIF) - 2023

In August 2023, the average walnut import price amounted to $2,659 per ton, with an increase of 11% against the previous month. In general, the import price, however, recorded a mild shrinkage. The growth pace was the most rapid in June 2023 when the average import price increased by 18% against the previous month. The import price peaked at $3,077 per ton in September 2022; however, from October 2022 to August 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Chile ($2,696 per ton), while the price for Argentina ($2,451 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the prices for the other major suppliers experienced a decline.

Walnut Price in Italy (FOB) - 2022

In 2022, the average walnut export price amounted to $3,018 per ton, falling by -13.1% against the previous year. Overall, the export price showed a pronounced contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $6,040 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($6,232 per ton), while the average price for exports to Turkey ($2,120 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 Bulgaria (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Walnut Imports in Italy

In 2022, approx. 31K tons of walnuts were imported into Italy; which is down by -20.3% on the previous year. Over the period under review, imports recorded a abrupt shrinkage. The smallest decline of -5.2% was in 2021.

In value terms, walnut imports fell dramatically to $87M in 2022. In general, imports showed a deep downturn. The smallest decline of -2.3% was in 2021.

Import of Walnut in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States71.463.151.442.8-15.7%
Chile23.720.724.517.7-9.3%
France26.317.425.116.9-13.7%
Argentina7.86.57.35.3-12.1%
Australia4.05.03.62.5-14.5%
Spain8.70.90.90.5-61.4%
Others8.55.23.21.7-41.5%
Total15011911687.4-16.5%

Top Suppliers of Walnut to Italy in 2022:

  1. United States (15.6K tons)
  2. Chile (5.9K tons)
  3. France (5.7K tons)
  4. Argentina (1.9K tons)
  5. Australia (0.8K tons)
  6. Spain (0.1K tons)

Walnut Exports in Italy

In 2022, shipments abroad of walnuts was finally on the rise to reach 804 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep setback.

In value terms, walnut exports fell to $2.4M in 2022. In general, exports, however, recorded a abrupt descent. The smallest decline of -6.5% was in 2021.

Export of Walnut in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria7221,1161,3028274.6%
Slovenia30526452445314.1%
TurkeyN/A162N/A26828.6%
Germany917144162175-42.4%
Sweden97.776.798.513210.6%
United Kingdom91746116.281.3-55.4%
Croatia29.459.520179.939.6%
Saudi Arabia83.1N/AN/A78.5-1.9%
Norway82.256.999.576.5-2.4%
Romania19.046.423.128.514.5%
Chile337N/AN/AN/A0%
Others1925232962275.7%
Total3,7022,9102,7222,427-13.1%

Top Export Markets for Walnut from Italy in 2022:

  1. Austria (324.2 tons)
  2. Slovenia (129.8 tons)
  3. Turkey (126.5 tons)
  4. Germany (46.0 tons)
  5. Croatia (34.2 tons)
  6. Sweden (33.0 tons)
  7. United Kingdom (29.7 tons)
  8. Norway (16.6 tons)
  9. Romania (12.6 tons)
  10. Saudi Arabia (12.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the walnut 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 222 - Walnuts

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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