From 2012 to 2022, the refined maize oil market in Italy exhibited fluctuating trends. The market saw substantial year-on-year growth in certain years, notably 2013 (29.95%) and 2017 (16.6%), while experiencing declines in others, such as 2016 (-5.52%) and 2019 (-6.82%). Over the past five years, the compound annual growth rate (CAGR) was -2.97%, indicating an overall declining trend despite short-term gains. In 2023, the market stood at a volume of 53.374 million kilograms.
Future trends to watch for include potential impacts of health trends, sustainability initiatives, and the growing demand for alternative oils. Additionally, market responses to regulatory changes and shifts in consumer preferences toward healthier and eco-friendly products will be crucial.
