The forecasted per capita supply of olive oil fat in Italy is expected to decrease annually from 2024 to 2028. Specifically, the year-over-year changes are -0.91% in 2025, -0.87% in 2026, -0.88% in 2027, and -0.85% in 2028. The compound annual growth rate (CAGR) for this period indicates a consistent decline, averaging about -0.88% per year.
Future trends to watch for:
- Influence of global supply chain dynamics, especially with regards to olive production in the Mediterranean.
- Potential shifts in consumer preferences towards plant-based oils due to health trends.
- Impact of environmental policies on farming and production practices.
