In 2023, the actual raw sugar equivalent inventory in Italy stood at 97,000 metric tons. The forecasted data indicates a consistent decline from 2024 to 2028. Starting at a negative variation of 113,000 metric tons in 2024, the trend decreases progressively each year to reach -194,000 metric tons by 2028. This downward trajectory reflects diminishing stock levels by approximately 15% year-on-year. The compounded annual growth rate (CAGR) over this period is about -14%, highlighting substantial reduction tendencies.
Future trends to watch for:
- Increasing demand versus production shortfalls could result in intensified stock depletion.
- Global sugar market fluctuations, policy changes, and weather impacts might further affect supply levels in Italy.
- Technological advancements in sugar production might offer potential offsets to the declining trend.