In 2023, Italy imported 41.132 million kilograms of refined olive oil. The forecast indicates a steady increase in imports: 1.0% rise to 41.374 million kilograms in 2024, then to 41.618 million kilograms in 2025, marking a 0.6% increase. A 0.6% rise to 41.859 million kilograms is expected in 2026, followed by 0.6% growth to 42.098 million kilograms in 2027, and a 0.6% increase to 42.335 million kilograms in 2028, reflecting a 5-year CAGR of 0.6%.
Future trends to watch for:
- Fluctuations in global olive oil production affecting supply and prices.
- Increasing demand for high-quality olive oil impacting import volumes.
- Trade policies and tariffs potentially influencing import decisions.
