Italy: Goodbye to pasta, oil and tomatoes because of 30% increase in energy costs

Published 2022년 1월 22일

Tridge summary

The Italian agri-food sector is grappling with a severe crisis in 2022 due to significant cost increases and supply chain issues, affecting the production of key foods like wheat, olive oil, and tomatoes. These challenges are compounded by rises in fuel, energy, and manufacturing costs, with wheat producers facing a 40% increase in expenses per hectare and olive oil producers a 12% average increase in costs. The high energy prices also impact livestock feeding and greenhouse heating. Additionally, the absence of an agreement on tomato prices for 2022 is causing delays in the production of pulp, purées, and tomato sauces. Coldiretti, the Italian rural world organization, is calling for cooperation along the food supply chain to ensure fair value distribution and support the sector amidst the Covid-19-induced hoarding, speculation, and uncertainty.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From the 30% increase in the costs of producing wheat for pasta to the 12% increases for those of extra virgin olive oil, up to the delays in the supply chain agreements on the price of tomatoes recognized to farmers for the start of cultivation , a perfect storm strikes on the tables of Italians in 2022 that also puts at risk the symbolic dish of the Italian cuisine and the Mediterranean Diet such as spaghetti, oil and tomato. The alarm was raised by Coldiretti regarding the effects of the high bill on the agri-food sector which overall absorb more than 11% of total industrial energy consumption for about 13.3 million tons of oil equivalent (Mtoe) per year. Among the first victims of the rises are wheat producers who this year have to spend 400 euros more per hectare, from sowing to harvesting, according to Coldiretti's analysis. The sting affects - notes Coldiretti - the agricultural diesel necessary for cultivation operations, increased by about 50%, and even fertilizers. Urea, ...

Source: Coldiretti