The import of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil to Italy is projected to decline from 2024 through 2028. The year 2023 marked the end of actual historical data, setting a baseline for subsequent forecasts. From 2024 onwards, there is a consistent year-on-year decrease in volume, averaging a Compound Annual Growth Rate (CAGR) indicating a negative trend.
Key points to consider for future trends:
- Observe changes in consumer preferences toward plant-based alternatives, which might further impact demand for animal-derived oils.
- Monitor regulatory changes within the European Union that might affect import policies and environmental standards.
- Evaluate global market dynamics, such as competition from other exporting countries and currency fluctuations, which could influence import volumes.