In 2023, Italy's groundnut oil stock was recorded at 11.5 Thousand Metric Tons. Forecasts for 2024 show a projected increase to 12.0 Thousand Metric Tons, marking a year-on-year growth of approximately 4.3%. Between 2024 and 2028, stocks are expected to gradually increase, with a consistent volume of 13.0 Thousand Metric Tons from 2025 to 2027, before reaching 14.0 Thousand Metric Tons in 2028. This represents an average annual growth rate, or CAGR, of 3.9% over the forecast period.
Future trends to monitor include:
- Potential fluctuations in global peanut supply impacting availability.
- Shifts in consumer preferences towards healthier oils affecting demand.
- Changes in domestic production and policy interventions influencing stock levels.
- Euro currency volatility altering import cost dynamics.
