(MENAFNEditorial)
Our outlook for the Italian agribusiness sector has turned more positive as we believe the dairy and livestock industries will record fairly robust growth through to 2018 /1 9 on the back of the removal of the EU's milk production quota in 2015 and the opportunity for Italy to develop its value-added exports We expect corn production to post the strongest growth out of the grains complex largely due to base effects as we believe wheat output will remain broadly flat due to little opportunity for area or yield growth.
Key Forecasts
* Wheat production growth to 2018/19: 9.8% to 7.7mn tonnes. We expect wheat production in Italy to remain broadly flat on current levels out to 2018/19 as there is little potential for growth in yields or the area harvested of grains in the country especially in a context of lower average grain prices relative to the past few years
* Cheese consumption growth to 2019: 20.1% to 1.9mn tonnes. Per capita cheese consumption at 26.8kg in 2015 is on a par with France and Germany and higher than in northern European countries such as Sweden and the UK. Still we see room for additional growth over the coming years.
* Poultry production growth to 201 8 /1 9 : 1 0 .9% to 1.5mn tonnes. Poultry is a relatively cheap meat; as such we expect continued strong demand amid the tough economic climate.
* 201 5 real GDP growth: 0.4% year-on-year (y-o-y) compared with an estimated contraction of 0.4% in 2014.
* 201 5 consumer price index: 0.6% average slightly higher than 0.3% in 2014.
* BMI universe agribusiness market value: 2.8% y-o-y increase to USD34.7bn in 2014/15 forecast to grow on average 2.0% annually between 2014/15 and 2018/19.
Full Report Details at
- http://www.fastmr.com/prod/957426_italy_agribusiness_report_q2_2015.aspx?afid=101
Industry Developments
The outbreak of highly pathogenic avian influenza (HPAI) in Italy in August 2014 led to a ban in January 2015 on live poultry and egg imports into Russia a major buyer of Italian poultry. We...
The Italy Agribusiness Report features Business Monitor International (BMI)'s market assessment and independent forecasts for production consumption and trade across core agricultural commodities.
BMI's Italy Agribusiness Report includes independent commodity price forecasting and analysis for key agricultural outputs an overview of the agribusiness competitive landscape and a discussion of the downstream context of agricultural production in relation to country food consumption forecasts and composite food and beverage trade forecasts.
Key Benefits
* Use BMI's independent industry forecasts to test other views - a key input for successful planning in dynamic agribusiness markets.
* Apply BMI's medium-term commodity price analysis to assist with budgetary planning and the identification of investment opportunities and potential risks.
* Assess the activities and market position of your competitors partners and clients.
Coverage
BMI Industry View
Summary of BMI’s key industry forecasts and views highlighting recent changes and key risks to the industry outlook.
Industry SWOT Analysis
Analysis of the major strengths weaknesses opportunities and threats within the wider agricultural industry.
BMI Supply & Demand Forecasts
Divided into sections based on various diverse sectors in the agriculture market the chapter provides insight into each market’s agricultural industry centred on sector forecasts to end-2019 for the consumption production and trade of key commodities.
* Consumption Forecasts: Accompanied by a discussion of the main drivers of consumption growth: macroeconomic factors food processing trends price movements and increasingly demand from the non-food sector.
* Production Forecasts: Examine the trends influencing BMI’s production outlook: global demand price increases public and private sector investment and agricultural efficiency improvements.
* Trade Forecasts: Accompanied by a discussion of the factors influencing a country’s trade in agricultural goods including domestic demand global prices and government trade policies.
* BMI’s Forecasts: Accompanied by a risks-to-outlook assessment which examines potential factors that could affect our existing forecast picture and the likelihood of their occurrence.
BMI’s Commodity Price Analysis
Fundamental and technical analysis of the short- and medium-term price outlook for eight agricultural commodities based on globally recognised benchmarks.
Downstream Analysis
Analysis of headline food and drink forecasts including total food consumption per capita food consumption and total sector trade which provide important downstream intelligence for primary agricultural producers.
Featured Analysis
Includes relevant articles from BMI’s daily analysis service. These can include: long-term projections on agricultural imports and exports; our perceptions of the impacts of economic slowdown on key companies and subsectors within the Agribusiness industry in a given country; our analysis of fertilizer production; as well as other relevant analysis of recent news and events.
Competitive Landscape
The reports contain information on prominent companies operating in each market.
Key Commodities Covered By The Agribusiness Market
Reports Include: Grains Dairy Livestock Rice Sugar Palm Oil Edible Oils Coffee Cocoa Cotton Soybean
Please note – not all reports cover all commodities.
Sources
The Agribusiness reports draw on an extensive network of primary sources such as multilateral organisations government departments industry associations chambers and company reports.
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