The refined sunflower-seed and safflower oil imports to Italy are projected to grow steadily from 2024 to 2028, with an average annual increase. In 2023, actual imports stood unchanged compared to the start of the forecast period in 2024. Import volumes are expected to rise marginally year-on-year, reflecting stable demand. The average annual growth (CAGR) over the five-year period from 2024 to 2028 shows a modest upward trend.
Future trends to watch for include:
- Potential fluctuations in global sunflower and safflower oil production affecting import volumes.
- Changes in Italy's domestic policy or trade agreements impacting oil importation.
- Potential shifts toward alternative oils driven by consumer preferences or pricing dynamics.