The forecast for the import of wheat starch to Italy indicates progressive growth from 2024 to 2028. In 2024, the import volume is expected to be 96.607 million kilograms, increasing to 157.73 million kilograms by 2028. This represents a healthy compound annual growth rate (CAGR) over the five-year period, indicating strong demand.
From 2024 to 2025, the year-on-year growth is projected at approximately 16%. The period from 2025 to 2026 and onwards follows a similar trajectory with steady increments. These consistent year-on-year increases underscore an upward trend.
In 2023, the actual import data should be considered to fully understand this growth forecast, which was likely lower than the projected 2024 figures, reinforcing a positive trend in importing this commodity.
Future Trends to Watch:
- Potential impact of geopolitical factors on wheat production and supply chains.
- Technological advancements in agriculture that may affect wheat starch production efficiency.
- Shifts in consumer preferences towards wheat-based products, driving demand.
- Changes in trade policies or tariffs influencing import costs.
