The forecast for the import of live sheep and goats to Italy indicates a consistent year-on-year decline from 2024 through 2028. In 2023, the actual import stood at 58.5 million USD. By 2024, it is forecasted to decrease by 4.5%, followed by additional declines in subsequent years: 4.8% in 2025, 5.0% in 2026, 5.1% in 2027, and 5.3% in 2028. Over the full period from 2024 to 2028, the compound annual growth rate (CAGR) reflects a yearly average decrease.
Future trends to monitor include:
- Potential changes in trade policies that could affect import levels.
- Shifts in domestic demand for sheep and goat products.
- Fluctuations in global livestock prices.
- Impact of environmental and animal welfare regulations on the livestock trade.
