The oilseeds seed market in Italy has exhibited moderate growth from 2014 to 2023, reaching a value of 63.0 thousand metric tons in 2023. The period from 2014 to 2018 saw significant fluctuations, with notable increases in 2015 (20%) and 2018 (10.91%), but also declines in 2016 and 2017. Recent years have shown steadier growth, achieving a 0.65% CAGR over the last five years.
Year-on-year growth between 2022 and 2023 was stagnant at 0%. However, the forecast indicates a 3.12% increase by 2028, with an expected 0.62% CAGR, signaling continued albeit modest growth.
Future trends to watch for:
- Technological advancements in seed production and agricultural practices.
- Changes in regulatory policies affecting oilseed cultivation.
- Market demand shifts due to emerging health trends and alternative oil sources.
