The import value of grated or powdered cheese to Italy was recorded at 38.0 million USD in 2023. From 2024 onwards, the forecast data indicates a steady increase, reaching 44.268 million USD by 2028. Analyzing the year-on-year variations, there is a consistent growth trend, with increments of 3.3% in 2025, 3.1% in 2026, 2.97% in 2027, and 2.83% in 2028. The compound annual growth rate (CAGR) over the forecast period from 2024 to 2028 demonstrates an average yearly increase of approximately 3.03%.
Future trends to watch include:
- Changes in global dairy production and pricing, which could affect import costs.
- Italy's domestic cheese production capabilities, which might influence import dependence.
- Consumer demand shifts towards alternative cheeses or health-driven dairy products.
- Trade agreements and regulations affecting EU imports.