By the end of 2023, Italy imported 88.0 thousand kilograms of frozen boneless sheep cuts. The forecasted data, projecting from 2024 to 2028, shows a consistent year-on-year decline in import volumes. The projected values, decreasing from 77.5 thousand kilograms in 2024 to 34.19 thousand kilograms in 2028, reflect a significant reduction. This indicates a compound annual growth rate (CAGR) of -19.4% over the five-year forecast period.
Future trends to watch for include:
- Potential changes in domestic sheep production affecting import dependency.
- Impact of trade regulations or tariffs within the EU that could alter import dynamics.
- Shifts in consumer preferences towards alternative protein sources.