The import of food preparations for infants to Italy showed significant variation between 2013 and 2023. Starting from 47.481 million kilograms in 2013, the import figures fluctuated yearly, reflecting swings between increases and decreases. The period up to 2020 showed a general downward trend, with occasional upticks like in 2015 and notably in 2021, which marked a significant rebound with a year-on-year increase of 43.44%. By 2023, the imports stood at 34.414 million kilograms, representing a 2.69% increase from the previous year. The 5-year CAGR ending in 2023 was a modest 0.11%, indicating relative stability over that recent period despite previous volatility.
Looking forward, the forecasted data suggests a continued slight decline, with the total expected to decrease to 33.108 million kilograms by 2028. The forecasted 5-year CAGR is a negative -0.62%, signaling a gradual decrease in imports over the upcoming years.
Future trends to monitor include potential shifts in consumer preferences towards domestic products, regulatory changes in import policies, and economic factors that could influence purchasing power and demand for imported infant food preparations.
