In 2023, Italy's harvested production of spring rapeseeds stood at a certain base level which is not specified in the data. The forecasted data indicates a consistent increase in production volume from 210.0 metric tons in 2024 to 250.0 metric tons by 2028. This suggests a year-on-year growth rate of approximately 4.55% annually. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 4.55%, highlighting a steady, upward trend in production.
Future trends to watch for include:
- Potential impacts of climate change and weather patterns on crop yields.
- Technological advancements in agriculture that could further increase yield.
- Demand fluctuations in the biofuel industry, which is a major consumer of rapeseed oil.