In 2023, subsidies for spelt and wheat in Italy stood at 78.75 million euros. From 2024 to 2028, a year-on-year increase is projected in these subsidies, with increments of around 1.45% annually. Over the five-year forecast period, the compound annual growth rate (CAGR) is expected to be approximately 1.40%. This steady escalation underscores the government's ongoing commitment to supporting the agricultural sector.
Future trends to watch for:
- Potential policy changes affecting agricultural subsidies at the EU level.
- Market demand fluctuations for spelt and wheat products.
- Ecological and climate-related impacts on crop yield and production costs.