In 2023, Italy's import of fish or marine mammal fat stood at 34.857 million US dollars. The forecasted data from 2024 to 2028 indicates a steady growth in import values. The year-on-year increase shows a consistent upward trend, with imports expected to rise from 35.473 million USD in 2024 to 37.839 million USD by 2028. This represents a compound annual growth rate (CAGR) of approximately 1.63% over the five-year period.
Looking forward, the trends to watch for include:
- Changes in global fish fat markets and their impact on pricing and demand.
- Italy's domestic fish oil production capabilities and self-sufficiency efforts.
- The impact of international trade policies and regulations on import patterns.
- Influence of consumer trends towards healthy and sustainable products.
- Potential environmental changes affecting marine resources.