In 2023, sterilised skimmed milk production in Italy was at 16.43 thousand metric tons. The industry saw significant year-on-year volatility from 2013 to 2023, with notable peaks and troughs:
- The production fell sharply in 2015 (-16.43%) but rebounded substantially in 2016 (+37.63%).
- The period from 2017 to 2019 exhibited steady growth, capped by an 11.33% increase in 2019.
- 2020 saw a sharp decline (-16.76%), followed by moderate recovery in 2021 (+10.88%) and a strong increase in 2022 (+20.16%).
- A significant drop occurred in 2023 (-27.84%), positioning the production back to 16.43 thousand metric tons.
Future trends to watch for include a relatively stable forecast over the next five years, with minimal year-on-year changes and a five-year CAGR of approximately 0.02%, indicating a plateau at around 16.44-16.45 thousand metric tons. Key factors to monitor would be potential market shifts, technological advancements in production, and changing consumer preferences, which could disrupt this stability.
