From 2013 to 2023, the market for solid raw sugar in Italy exhibited significant fluctuations. The market volume decreased at an average annual rate (CAGR) of -1.73%, with notable declines during 2017-2018 (-8.66%) and modest recoveries in 2020-2021 (9.91%). The projected volume from 2024 to 2028 shows a consistent decline, suggesting an average annual decrease (forecasted CAGR) of -2.26%.
Despite the volatility, future trends worth monitoring include changes in consumer consumption habits, potential regulatory impacts on sugar production, and innovations in alternative sweeteners. Understanding these factors could provide insights into market stabilization or further declines.
