In 2023, the import value of live swine, except pure-bred breeding swine weighing 50 kg or more, to Italy stood at a higher baseline compared to the forecasted declines in the subsequent years. For 2024, the forecast sits at 61.586 million USD, progressively declining to 58.439 million USD by 2028.
Year-on-year, the imports are projected to decrease, with annual reductions in values illustrating a gradual downward trend. The compound annual growth rate (CAGR) highlights a consistent average shrinkage in imports over the forecasted period.
Future trends to watch include potential shifts in international trade policies, economic factors affecting consumer demand, and changes in swine health management and biosecurity practices, which could impact import volumes and values.