The import of cane molasses to Italy is expected to decline significantly over the forecast period from 2024 to 2028. In 2023, the import volume was considerably higher than the projected figures for the coming years. Between 2024 and 2028, the year-on-year decline is anticipated, with notable decreases each year. From 101.82 million kilograms in 2024, the volume is expected to decrease to 43.697 million kilograms by 2028, portraying a consistent downward trend. The compound annual growth rate (CAGR) over this period illustrates a substantial reduction in volume.
Future trends to watch for include potential shifts in global sugar production due to climate change, which could further affect supply and pricing. Moreover, changes in consumer preferences towards healthier substitutes and EU agricultural policies may influence import patterns.
