The import of solid raw cane and beet sugar to Italy is forecasted to increase steadily from 2024 to 2028, reaching 319.17 million kilograms by 2028. The year-on-year percentage variation reflects consistent growth as the values gradually rise each year. As we consider the projected data, it is important to note that in 2023, the imports stood at a certain level that forms the baseline for growth. The compound annual growth rate (CAGR) across the five-year forecast period provides insight into a consistent rise in volume.
Future trends to watch for include:
- The impact of global sugar market fluctuations on Italy's import volumes.
- Potential changes in domestic sugar consumption patterns and production.
- Trade policy adjustments within the European Union affecting agricultural imports.
- Technological advancements in sugar production and processing that may influence import needs.