The production of skimmed cow milk in Italy stood at 2.499 million metric tons in 2023. Over the past decade, the production showed considerable volatility, with notable year-on-year decreases in 2014 (-8.73%), 2020 (-6.07%), and 2023 (-1.1%) coupled with occasional increases such as in 2017 (+7.9%) and 2021 (+4.09%). The last two years (2022 and 2023) exhibited slight declines of 1.11% and 1.1% respectively. Over the last five years, the compound annual growth rate (CAGR) averaged at -1.12%, reflecting a downward trend.
Looking ahead, the forecast for the production of skimmed cow milk from 2024 to 2028 suggests a continued decline, with a forecasted five-year CAGR of -0.94% and an overall five-year growth rate of -4.64%.
Future Trends to Watch For:
- Fluctuations in environmental conditions that could impact dairy farming.
- Shifts in consumer preferences affecting demand for skimmed milk versus other milk types or plant-based alternatives.
- Regulatory changes within the dairy industry both within Italy and the broader European context.
- Technological advancements in agricultural practices which may improve efficiency and production yields.
