Italy's soybean oil production has experienced fluctuations over the past decade, marked by notable growth starting in 2016. From 2013 to 2015, production saw a decline. However, a significant increase of 28.09% occurred in 2016, continuing upward through 2023 with a YoY growth of 1.86% to reach 421.01 thousand metric tons. The recent 5-year CAGR stands at 1.68%. Forecasts predict consistent growth, expecting production to reach 461.22 thousand metric tons by 2028, with a forecasted 5-year CAGR of 1.44%.
Future trends to watch for include advanced agricultural techniques, climate change impacts, and export market dynamics, which could influence production stability and growth rates.