Almonds market in Italy

Earlier Report Observations

The Italian almond market volume grew from 117 thousand tons in 2018 to 126 thousand tons in 2020. This period began with the implementation of stricter national food labeling rules, mandating allergen disclosure for unpackaged foods and catering, which enhanced transparency and likely supported steady consumer demand for almonds.

After a contraction to 118 thousand tons in 2021, market volume recovered strongly, reaching 133.5 thousand tons by 2023. This growth was primarily driven by rising demand for healthy and plant-based foods, an increase in domestic almond production and cultivated area, and a significant wave of new almond-based product launches, including almond flour for gluten-free and sports nutrition applications.

In value terms, the market shrank from $930 million in 2018 to $719 million in 2023, despite the physical volume expansion. This divergence was influenced by later inflationary pressures and reduced consumer purchasing power, which compressed the overall market value while consumption in tons continued to rise.

Production almonds in Italy

In kind, 2017-2020, t

Italy ranked 9th globally in almond production from 2017 to 2020.

Top producers of almonds, 2017-2020

World map of production of almonds, 2017-2020

In 2020, Italy produced 80 520 tonnes of almonds, representing a 4.2% increase from the previous year. Production reached its lowest point in 2019 at 77 300 tonnes, which marked the largest decline of 3.1% during this period.

Annual dynamics of production in Italy in kind, 2017-2020, t

In value, 2017-2020, M $ US

Italy's almond production value increased in 2020 after two years of decline. The output was valued at 713.1 million US dollars, showing a moderate year-on-year growth of 9.0%. Over the 2017-2020 period, production value decreased by 4%, with a compound annual growth rate of 1.3%. The lowest value was recorded in 2019 at 654.5 million US dollars, which saw the largest decline of 10.6%.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

Exports almonds from Italy

Exports in kind, t

Italy's almond exports grew for the third consecutive year in 2020, reaching 15 589 tonnes, a 1.4% increase from 2019. From 2017 to 2020, exports rose by 43.8%, equivalent to an annualized growth rate of 12.9%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, t

From 2017 to 2020, Germany, France, and the United States were the main markets for Italy's almond exports in volume terms. Germany accounted for 29.4% of exports, France for 25.8%, and the United States for 7.4%, together making up 62.6% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy's almond export value increased for the third year in a row in 2020, reaching 138.1 million US dollars, up 6.1% from the previous year. Between 2017 and 2020, export value grew by 36.5%, translating to an annualized rate of 10.9%.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

From 2017 to 2020, France, Germany, and the United States were the primary buyers of Italian almonds in value terms. France represented 27.9% of exports, Germany 27.2%, and the United States 8.3%, collectively accounting for 63.5% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports almonds to Italy

Imports in kind, t

Italy's almond import volume increased for the third consecutive year in 2020, reaching 61 064 tonnes, a moderate 8.6% rise from 2019. Over the 2017-2020 period, imports grew by 37.4%, with a compound annual growth rate of 11.2%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, t

From 2017 to 2020, the United States and Spain were the dominant suppliers of almonds to Italy in volume terms, together accounting for 87.9% of total imports, while other countries each held relatively small shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

Italy's almond import value declined in 2020 after two years of growth, totaling 371.1 million US dollars, a slight decrease of 1.9% from the previous year. The highest value was recorded in 2019 at 371.1 million US dollars, following the largest increase of 20.8% in 2018. Overall, from 2017 to 2020, import value increased by 40.8%, equivalent to an annualized growth rate of 12.1%.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

In 2017-2020, the United States and Spain formed the dominant pair of markets for Italy's almond imports in value terms, jointly representing 87.5% of total flows, with other countries making up the remaining share.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020