Italian maize production has demonstrated a declining trend over the past decade. From a peak of 9.2395 million metric tons in 2014, production has steadily decreased, with a notable drop to 5.4338 million metric tons in 2023. The year-on-year variations indicate sporadic increases but an overall negative trend. In the last two years, the production dip was approximately 3.2% annually. The compound annual growth rate (CAGR) over the past five years is -2.6%, reflecting the sustained negative growth.
Looking forward, forecasts suggest a continued decline in maize production, projected to reach 4.4941 million metric tons by 2028. The five-year forecast CAGR is -3.01% with a total decline of 14.17% anticipated from 2023 to 2028.
Future trends to watch for include:
- Impact of climate change on crop yields.
- Government agricultural policies and subsidies.
- Technological advancements in farming practices.
