The import of hazelnuts and filberts in shell to Italy is projected to decline steadily from 2024 ($4.9449 million) to 2028 ($2.0844 million). The year-on-year decline indicates diminishing demand, with a significant drop of approximately 15% over this period. The cumulative annual growth rate (CAGR) suggests a consistent downward trend of about 14% annually from 2024 to 2028. Comparatively, imports in 2023 were higher, indicating a notable reduction in forecasted import values.
Future trends to watch include:
- Changes in domestic production and self-sufficiency impacting imports.
- Fluctuations in global supply chain dynamics and trade agreements.
- Consumer preference shifts towards homegrown or alternative products.