Forecast: Import of Cane or Beet Sugar and Chemically Pure Sucrose to Italy

In 2023, the import of cane or beet sugar and chemically pure sucrose to Italy was valued at approximately 730 million US dollars. According to forecasts, there is a steady decline in this value from 2024 to 2028. The projected values show a consistent decrease, reflecting a negative year-on-year variation. This trend exhibits a compounded annual growth rate (CAGR) decline, indicating a slow but persistent reduction in sugar imports over the five-year period.

Future trends to watch for include:

  • Changes in domestic sugar production capacity that might affect import needs.
  • Potential trade policy adjustments within the EU that could impact import costs and sourcing strategies.
  • Shifts in consumer preferences towards alternative sweeteners or healthier diets impacting demand.

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