Between 2013 and 2023, the value per capita of the Wheat or Meslin Flour market in Italy saw fluctuations, peaking at 50.63 euros in 2015. There was a notable decline starting in 2018, with the value decreasing year-on-year by approximately 4.44% from 2022 to 2023, ending at 34.32 euros. Over the last five years, the compound annual growth rate (CAGR) indicates an average yearly decrease of about 1.85% in market value.
Future trends to watch for include:
- Potential recovery in consumption driven by rising demand for diverse wheat-based products.
- Impact of sustainable practices and innovations in flour production.
- Fluctuations due to global wheat supply chain volatilities and economic conditions affecting disposable income in Italy.