The analysis of oilseeds feed consumption in Italy reveals an overall fluctuating trend from 2014 to 2023. In 2023, the volume stood at 195.0 thousand metric tons. There was a notable decline in 2017 by -23.96% year-on-year, followed by significant increases, peaking in 2018 with a 39.73% rise. Despite some years of minor growth, the compound annual growth rate (CAGR) for the period ending 2023 shows an overall slight decline of -0.9%.
Looking ahead, forecasted data from 2024 to 2028 indicates a stabilized growth with a five-year CAGR of 0.3%, projecting gradual increases year-on-year. This steady rise suggests a period of stabilization and moderate growth in oilseeds feed consumption.
Future trends to watch for include potential changes in agricultural policies, shifts in animal feed compositions, and impacts of climate change on oilseeds production. Economic factors and global market dynamics, including trade developments, could also significantly influence the oilseeds feed market in Italy.
