In 2023, Italy's import of live sheep was at 798.34 thousand. The forecast data for 2024 to 2028 suggests a consistent decline in import values. Year-on-year variations show successive decreases: -5.1% in 2024, -5.1% in 2025, -5.3% in 2026, -5.4% in 2027, and -5.6% in 2028. The Compound Annual Growth Rate (CAGR) for the period reflects a substantial negative trend, indicating an average decline of 5.3% annually.
Future trends to watch for include:
- Changes in domestic sheep production which might influence import needs.
- Shifts in consumer demand for sheep-related products.
- Regulatory changes in the EU impacting livestock movement.
- Potential trade agreements or restrictions affecting the supply chain.