In 2023, the raw tobacco production in Italy was estimated at approximately 33.85 thousand metric tons. The forecast data from 2024 to 2028 shows a declining trend with significant decreases year-on-year: 9.4% from 2024 to 2025, 10.1% from 2025 to 2026, 11.0% from 2026 to 2027, and 12.1% from 2027 to 2028. The compound annual growth rate (CAGR) projects an average decline of 9.5% per year over these five years, signaling potential industry challenges ahead.
Future trends to watch for include:
- Policy changes in Italy and the EU related to tobacco production and consumption.
- Shifts in global tobacco demand and competitive landscape.
- Innovations and diversification within the Italian agribusiness sector.
- Climate change implications on agricultural production capacities.