In 2023, the re-import of fish or marine mammal fat to Italy stood at actual values lower than the forecast for subsequent years. For 2024, the forecast suggests an increase to 98.52 thousand USD, indicating a positive trend. The year-on-year growth from 2024 to 2028 is positive, with an increase from 2% to 4% annually. The 5-year compound annual growth rate (CAGR) shows a steady increase, hinting at a consistent demand or stable economic factors influencing imports.
Future Trends to Watch For:
- Evolving dietary trends and preferences for Omega-3-rich diets could boost demand. - Regulatory changes in marine resource management may impact supplies and costs. - Currency fluctuations and trade agreements in the EU could affect import prices.