Octagona proposes an important initiative: “Lucanica 2.0. A project to help businesses in the Tempa Rossa area: this is what Total, a well-known French oil company, has come up with in collaboration with Octagona To promote agribusiness made in Basilicata.
In detail, the project aims to support companies operating in the area affected by the Tempa Rossa oil field to Exporting the typical products of Basilicata. The initiative is also getting a lot of media coverage: Rai News also devoted an article to us.
The initiative is Open to a maximum of 20 enterprises, which will be selected by Octagona experts. The most promising areas have already been identified, and we present them below.
Let's first look at the export of Italian cured meats to Europe over the past 5 years. The total value of exports amounted to 2.2 billion euros, with a +31.57% increase Between 2016 and 2020.
The top 5 partner countries are the Germany (605 million, a growth of +37.02% between 2016 and 2020); United Kingdom (279 million, +25.59%); France (262.2 million, +32.33%); Switzerland (221 million, +19.39%) and Belgium (131.4 million, +26.16%).
The prospects for companies operating in the dairy sector are also interesting. In fact, according to Eurostat data, exports from Italy to Europe were worth as much as 11.2 billion euros in total between 2016 and 2020, with a +33.77% increase and an average annual value of 2.3 billion euros.
Also positive are the signals from France, Germany, United Kingdom, Spain and Switzerland, with an increase in imports from Italy over the five years ranging from +25.27% (Spain) to 38.82% (Switzerland).
Finally, the third sector identified by Total and Octagona is wine, which has grown for the +11,38% between 2016 and 2020, with a total value of 18 billion euros.
Again, the main signals come from Germany, the United Kingdom, France, Switzerland and Sweden. Germany was the leading country, with imports from Italy worth 5.1 billion euros, but with less growth than the other countries (+9.88%): a sign that competition in the country is as fierce as ever. Sweden, on the other hand, registered an increase of more than +22%, with a total value of 865.8 million euros.
In addition, there is also room for other industries in Lucanian agribusiness: the Lucanica 2.0 project is also open to companies producing pasta, oils and other food products.
There are still a few places available: do you also want to participate with your company, and take advantage of the opportunity to export your products abroad? Then contact us by clicking the button below: we will give you all the details of the initiative and show you how to participate. We are waiting for you!
Read also:
Made in Italy exports: food leads the recovery
Lucanica 2.0 is a project of internationalization designed by Total in collaboration with Octagona. It supports companies operating in the territory of the Tempa Rossa deposit in Basilicata, in the export of typical Lucanian products. The initiative has received media attention and Rai News dedicated an article to it.
The Lucanica 2.0 project is open to a maximum of 20 companies. The participating companies are selected by Octagona’s experts. There are few available places, so Lucanian agri-food companies interested should contact Octagona to receive details and find out how to apply.
Total and Octagona have identified three main sectors: cured meats, cheeses and wines. The project remains open to companies producing pasta, oils and other food products as well. The three sectors showed positive growth in Italian exports to European markets between 2016 and 2020.
The export of Italian cured meats to Europe is worth 2.2 billion euros, with a growth of +31.57% between 2016 and 2020. The top five markets are Germany with 605 million euros, the United Kingdom with 279 million, France with 262.2 million, Switzerland with 221 million and Belgium with 131.4 million.
According to Eurostat data, cheese and dairy exports from Italy to Europe amounted to 11.2 billion euros between 2016 and 2020, with an increase of +33.77% and an annual average of 2.3 billion. Imports from Italy grew between +25.27% in Spain and +38.82% in Switzerland.
For Italian wine, the best signs come from Germany, the United Kingdom, France, Switzerland and Sweden. Germany is the first market with 5.1 billion euros, but it is growing only by +9.88%, a sign of strong competition. Sweden is up over +22%, with a total of 865.8 million euros.
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