In 2023, Italy's groundnuts import volume stood at an actual figure of 63.0 thousand metric tons. From 2024 to 2028, the forecasted import volume indicates a steady growth: 64.0 thousand metric tons in 2024 and increasing incrementally to 66.0 thousand metric tons by 2028. Over the five-year period, the Compound Annual Growth Rate (CAGR) is subtle, reflecting a stable market with slight annual growth.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier snacking options, which might impact demand.
- Changes in international trade agreements or tariffs affecting import costs and volumes.
- Global supply chain stability and its impact on export regions which Italy relies on for groundnuts.