Analyzing the Ice Cream Market Size Value Per Capita in Italy, from 2012 to 2022, there was an initial increase from 29.8 in 2012 to 30.45 in 2013. However, a significant decline occurred in 2014 to 25.49, followed by gradual fluctuations ranging from 25.66 in 2015 to 27.12 in 2017. A steady decrease is observed from 2018 (26.07) to 2022 (23.18), especially notable in 2020 with a drop to 22.88, likely influenced by the COVID-19 pandemic. By 2023, the value stood at 23.95.
Year-on-year variation reveals:
- -1% decrease from 2021 to 2022
- 2.2% increase from 2020 to 2021
The Compound Annual Growth Rate (CAGR) for the last 5 years (2018-2022) is approximately -2.5%, indicating a gradual decline in market value per capita.
Future trends to watch for include potential market recovery post-pandemic, increased health-conscious consumer preferences, and the expansion of premium and alternative dairy ice cream products.
How does Italy rank in Ice Cream Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 44.47 | 2023 | View data | ||
| 2 | 2 Finland | 37.93 | 2023 | View data | ||
| 3 | 3 Latvia | 34.98 | 2023 | View data | ||
| 4 | 4 Denmark | 30.63 | 2023 | View data | ||
| 5 | 5 Croatia | 29.6 | 2023 | View data | ||
| 6 | 6 Lithuania | 26.14 | 2023 | View data | ||
| 7 | 7 Spain | 21.95 | 2023 | View data | ||
| 8 | 8 Italy | 21.77 | 2023 | |||
| 9 | 9 France | 19.5 | 2023 | View data | ||
| 10 | 10 Greece | 18.76 | 2023 | View data | ||
