In 2023, Italy's grape production stood at approximately 920.00 thousand metric tons. The forecasted data from 2024 to 2028 indicates a consistent decline in production. Specifically, the production is expected to decrease from 905.74 thousand metric tons in 2024 to 844.68 thousand metric tons by 2028. The year-on-year percentage decrease for each year suggests a significant decline, with the annual average variation (CAGR) projected at approximately -1.68% over the 5-year forecast period.
Future trends to watch for:
- Climate change impact on vine cultivation and yield.
- Shifts in domestic and international demand for Italian grapes.
- Technological advancements in agriculture that might enhance productivity.
- Potential policy changes affecting agricultural practices and trade.