In 2023, Italy's maize production stood at 4.94 million metric tons. Forecasts predict a decline, with volumes dropping from 4.71 million metric tons in 2024 to 3.78 million metric tons by 2028. On a year-on-year basis, production decreases by approximately 5% annually. Over the five-year span, the compound annual growth rate (CAGR) reveals a negative trend of roughly -6% per annum.
Future trends to watch for:
- Climate change impacts on agricultural yields and water availability.
- Technological advancements in sustainable farming.
- Shifts in global trade policies affecting maize exports.
- Domestic policy changes influencing crop subsidies and farmer support.