Forecast: Import of Crude Soya-Bean Oil to Italy

The import of crude soya-bean oil to Italy has seen a steady decline from 2016 to 2020, with volumes decreasing from 18.574 million kilograms in 2016 to 1.3229 million kilograms in 2020. This reflects the average cumulative annual growth rate (CAGR) going down significantly over the five-year period, highlighting a clear downtrend in imports, continuing through to 2023 which saw a volume substantially lower than previous years.

For the future,:

  • Monitor substitute oils' market trends, which could further impact soya-bean oil demand.
  • Watch for global trade policies and local agricultural developments influencing the availability and pricing of soya-bean oil.
  • Environmental policies and changing consumer preferences may also reshape the import landscape.

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