Salted, in brine, dried or smoked beef market in Italy

Earlier Report Observations

The market for salted, in brine, dried or smoked beef in Italy experienced a multi-year contraction from 2018 to 2021, with its value declining from 746 million US dollars to 573 million US dollars. This downward trend was interrupted in 2022 when the market size recovered to 610 million US dollars, only to fall sharply again in 2023 to 482 million US dollars.

A strong rebound occurred in 2024, with the market value surging to 707 million US dollars. This recovery was driven by a significant increase in production, supported by growing exports of meats and salumi, which rose by 9.2% in value, and by positive signals in domestic demand that slowed the decline in purchase volumes.

Production salted, in brine, dried or smoked beef in Italy

In value, 2017-2020, M $ US

Italy's production of salted, brined, dried, or smoked beef declined for the second year in a row. In 2020, output was valued at 657.2 million US dollars, marking a 2.5% decrease from 2019. Over the period from 2017 to 2020, production grew by 21.4%, which translates to an annualized rate of 6.7%. The highest value was recorded in 2018 at 820.3 million US dollars, while the largest decline occurred in 2019 with a drop of 17.8%. The most significant increase was in 2018, when production surged by 51.6%.

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

In kind, 2017-2020, t

Globally, Italy was the top producer of salted, brined, dried, or smoked beef from 2017 to 2020.

Top producers of salted, in brine, dried or smoked beef, 2017-2020

World map of production of salted, in brine, dried or smoked beef, 2017-2020

Following a two-year decline, Italy's production of salted, brined, dried, or smoked beef rebounded. In 2020, output reached 50 015 tonnes, representing a 22.6% increase compared to the previous year. From 2017 to 2020, production rose by 3.1%, averaging an annual growth rate of 1.0%. The lowest volume was recorded in 2019 at 40 782 tonnes, with the largest decline occurring in 2018 at 10.3%.

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

Exports salted, in brine, dried or smoked beef from Italy

Exports in kind, t

After two years of growth, Italy's exports of salted, brined, dried, or smoked beef declined. In 2020, exports totaled 3 463 tonnes, showing a significant drop of 12.5% year-over-year. Between 2017 and 2020, exports decreased by 11.6%, equivalent to an annualized decline of 4.0%. The peak volume was in 2019 at 3 958 tonnes, while the largest increase was in 2018 at 0.6%.

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

From 2017 to 2020, France, Germany, and Switzerland were the primary destinations for Italy's exports of salted, brined, dried, or smoked beef in volume terms. France accounted for 31.3% of exports, Germany for 18.3%, and Switzerland for 12.1%, collectively making up 61.7% 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, K $ US

Italy's exports of salted, brined, dried, or smoked beef fell for the second consecutive year. In 2020, export value stood at 74 663 thousand US dollars, remaining nearly unchanged compared to the previous year. Over the 2017–2020 period, exports increased by 2.1%, averaging an annual growth rate of 0.7%. The highest value was recorded in 2018 at 77 494 thousand US dollars, with the largest decline in 2019 at 3.1% and the largest increase in 2018 at 5.9%.

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

Between 2017 and 2020, France, Germany, and Switzerland consistently served as the main destinations for Italy's exports of salted, brined, dried, or smoked beef in value terms. France represented 30.6% of exports, Germany 20.1%, and Switzerland 14.8%, together accounting for 65.4% 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 salted, in brine, dried or smoked beef to Italy

Imports in kind, t

The market showed an unstable trend during this period. Imports reached their lowest point in 2018 at 291 tonnes and peaked in 2020 at 948 tonnes, resulting in a 3.3-fold variation between these years. In 2020, Italy's import volume increased by 51.0% compared to 2019. The largest decline occurred in 2018 with a drop of 50.0%, while the largest increase was in 2019 at 116.1%.

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

From 2017 to 2020, the Netherlands, Spain, and Poland were consistently the main sources for Italy's imports of salted, brined, dried, or smoked beef in volume terms. The Netherlands accounted for 33.8% of imports, Spain for 14.8%, and Poland for 10.7%, collectively representing 59.3% of total import flows.

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, K $ US

Market performance exhibited noticeable fluctuations throughout the period. Imports hit a low in 2018 at 3 308 thousand US dollars and a high in 2020 at 9 121 thousand US dollars, showing a 2.8-fold difference. In 2020, import value rose by 23.6% from the previous year. The largest decline was in 2018 at 21.3%, while the largest increase occurred in 2019 at 123.2%.

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

Throughout 2017–2020, the Netherlands, Spain, and Germany played leading roles in Italy's imports of salted, brined, dried, or smoked beef in value terms. The Netherlands contributed 37.2% of imports, Spain 15.8%, and Germany 9.7%, together accounting for 62.6% of total import value.

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

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