Italian agrifood exports are a fast train: what a growth in the last decade

Apr 29, 2023 536

A sector worth a treasure. It is the Made in Italy food & beverage industry that does not seem to know any setbacks. Over the past decade, the value of food and beverage exports has almost doubled (+81%), rising from 33.5 billion in 2013 to 60.7 billion in 2022. In practice, as shown in the Ismea analysis, shipments of agri-food products have increased in value at a rate of nearly 7% per year, compared with a smaller increase in overall exports (+5.4%). 

The sector not only proved to be more dynamic, but also more resilient when, in 2020, with the outbreak of the pandemic, related health restrictions, and disruption of global supply chains, it still managed to post growth (+3.2%), bucking the trend on the rest of the economy (-9.1% contraction in overall outflows). 

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SOURCE: https://winenews.it

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