The market is dominated by foreign suppliers, as imports account for 62.4% of total market size in 2022. B2B drives market demand, with B2B spending representing 78.5% of total demand in 2022. Italy has the second largest market size for vegetable and animal oils and fats regionally, with demand reaching USD16.2 billion in 2022. Carapelli Firenze SpA is the largest company in Italy, generating 7.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 13.7% of total production value in 2022. The total number of companies decreases in 2022, to 6,060 units. The costs of the industry decrease by 6.2% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 6.8% of production value in 2022, the 10th highest regionally. The industry’s exports share increases in 2022 to 40.5% of total production output. With production value of USD8.2 billion, Italy accounts for 13.1% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Vegetable and Animal Oils and Fats in Italy: ISIC 1514. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Vegetable and Animal Oils and Fats in Italy: ISIC 1514 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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