Oilseeds domestic extraction in Italy stood at 3.30 Million Metric Tons in 2023. Forecasted data for the upcoming years indicates a gradual decrease in extraction volumes:
- 2024: 3.23 Million Metric Tons (decrease of 2.12% year-on-year)
- 2025: 3.17 Million Metric Tons (decrease of 1.86% year-on-year)
- 2026: 3.12 Million Metric Tons (decrease of 1.58% year-on-year)
- 2027: 3.07 Million Metric Tons (decrease of 1.60% year-on-year)
- 2028: 3.01 Million Metric Tons (decrease of 1.95% year-on-year)
Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) for oilseeds domestic extraction is expected to be approximately -1.65% per year.
Future trends to watch for include potential shifts in global agricultural policies, climatic conditions impacting crop yields, and changes in domestic demand for oilseeds. Additionally, advancements in extraction technology and shifts in international trade relations may also influence future volumes.