The Shelled Groundnuts and Nuts market in Italy demonstrated significant growth from 2012 to 2022, starting at €536.15 million in 2012 and reaching €1245 million in 2022. The year-on-year growth showed notable fluctuations, with a peak of 33.78% in 2014 following an 18.3% rise in 2013. The market's growth rate gradually stabilized, maintaining lower percentage increases from 2015 onwards. Over the last five years leading up to 2022, the CAGR was solid at 5.85%. Specifically, the market saw a steady climb, with year-on-year growth rates between 2.94% and 12.98% during this period.
Future trends to watch for include increased consumer demand for healthier snack options, potential impacts of supply chain disruptions, and price fluctuations driven by environmental conditions affecting nut harvests. These factors are likely to influence market dynamics in the near term.
How does Italy rank in Shelled Groundnuts and Nuts Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,328,800,000 | 2023 | +4.78% | +6% | |
| 2 | 2 France | 1,099,500,000 | 2023 | +2.17% | +2.91% | View data |
| 3 | 3 Poland | 497,890,000 | 2023 | +3.17% | +2.72% | View data |
| 4 | 4 Denmark | 136,560,000 | 2023 | +2.15% | +3.22% | View data |
| 5 | 5 Sweden | 129,700,000 | 2023 | +1.78% | +0.057% | View data |