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Made Italy 'food and beverage' exports resist, thanks also to pasta and rice

2021-01-25T15:58:52.807Z


The second wave of the pandemic has dealt a severe blow to Made in Italy exports around the world, but 'food and beverage' resists. Even if it ranks on a tiring + 0.1% in the first 10 months of 2020 (compared to 2019), it still remains a clear advantage over the -12.0% of the country's overall exports. This is also thanks to versatile and economical products such as pasta and rice. This is Federalimentare's analysis, based on Istat data, for Italian food exports in the world (ANSA)


ROME - The second wave of the pandemic has dealt a severe blow to Made in Italy exports in the world, but the 'food and beverage' resists. Even if it ranks on a tiring + 0.1% in the first 10 months of 2020 (compared to 2019), it still remains a clear advantage over the -12.0% of the country's overall exports. This is also thanks to versatile and economical products such as pasta and rice. This is Federalimentare's analysis, based on Istat data, for Italian food exports in the world, which also shows how much the exports of the Italian food industry can tell us about how our excellences abroad, the most popular foods and how trends and trends change over the years. The more traditional and economical foods of the Mediterranean diet help to calm the shopping cart, with increases over 10 months 2020 equal to + 15.6% for pasta and + 12.0% for rice. While down the wines (-8.4% in value) and mineral waters (-8.5% in value). Result, explains Federalimentare, also due to the fact that the Horeca channel is closed all over the world. However, the federation underlines, once this wave has passed, the quality of the national food supply will immediately open new and rewarding market spaces, as has happened in recent years. If we look, in fact, at the preferences shown by foreign markets towards our "food and beverage" in the period 2015-2019, there emerges an increase of + 22.1% of the sector's exports, compared to + 14.8% of overall exports of the country. The greatest progress is the prerogative of spirits and liqueurs (+ 88.6%) and dairy products (+ 38.4%). Followed by milling (+ 29.9%), confectionery (+ 29.2%) and coffee (+ 23.3%). But there is a significant fact. Despite the competition, Italian agri-food exports showed an increase in the average unit value of about 11 percentage points in the period. It means that foreign consumers have recognized the quality of our food products and have accepted expansive price dynamics to purchase them. It is no coincidence that the Dop Economy has received a strong boost, thanks to the large certified productions. The Italian PDO sector achieved a turnover of 16.9 billion in 2019, equal to 8.4% of the country's total agri-food turnover, equivalent to 202 billion (145 billion of food industry + 57 billion of primary). And on the export front, again in 2019, a result of 9.5 billion euros, equal to 21.9% of the entire Italian agri-food export (43.4 billion). However, exports of Made in Italy food and beverage in the first 10 months of the past year (compared to 2019) stopped at a tiring + 0.1%, remaining in any case a clear advantage compared to the parallel -12.0% of the overall exports of the country. But in November, Federalimentare experts say, they should recover a bit, taking the balance of the last 11 months to over 0.1%. The estimate is therefore that the year 2020 will close substantially for exports. And in 2021 there could be a substantial recovery if - as expected - the Horeca reopens and recovers about 1/3 of its potential. In this case, the exports of 2021 could not only return to the levels of 2019 but do better and close the year with a +3 percentage points compared to 2019.

Source: ansa

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