Food self-sufficiency achieved in Italy

Published 2021년 8월 31일

Tridge summary

Italy has achieved self-sufficiency in food balance for the first time, as national food exports have surpassed imports in value, a record high of 24.81 billion euros, due to a change in consumption and trade caused by the Covid-19 pandemic. The country has seen a 12% increase in exports, primarily of products like wine, fruit, and vegetables, while imports remained steady at 22.95 billion euros. This shift was driven by both a surge in demand for Italian products domestically and a growing interest in 'Made in Italy' products abroad. However, Italy faces challenges in increasing production to cover deficits in key crops like wheat and corn, essential for pasta and animal nutrition. The European Union is also encouraging self-sufficiency in essential sectors to address concerns about global food supply and price volatility, which impact both farmers and the processing industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Italy achieves self-sufficiency in the food balance for the first time in recent history with exports of national food and drinks that have exceeded imports from abroad in value, under the pressure of the change in consumption and trade caused by the emergency Covid. This is what emerges from the Coldiretti study presented in the organization area in Hall 6 - Stand B012 of the CIBUS 2021 Exhibition inaugurated with the presence of the national president Ettore Prandini. This is the first edition of the Exhibition that opens with Made in Italy agri-food exports in the first half of 2021 which - underlines Coldiretti - reached a record value of 24.81 billion with an increase of 12% compared to the previous year and the historic overtaking on imports which, on the other hand, remained at 22.95 billion in the same period, consolidating the turning point underway in the year of Covid, based on Istat data. An unprecedented change - specifies Coldiretti - achieved under the pressure of ...
Source: Coldiretti

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.