The import volume of butter and ghee in Italy stood at 27.5 thousand metric tons in 2023. The forecast for 2024 indicates an increase to 29.0 thousand metric tons, followed by a steady state of 28.0 thousand metric tons through 2028. Year-on-year, the import volume is expected to increase by 5.5% in 2024 and then decrease by 3.4% in 2025, stabilizing thereafter. The compound annual growth rate (CAGR) from 2024 to 2028 suggests an average decline of 0.7% per year.
Future trends to watch for:
- Potential changes in consumer preference and health trends affecting demand.
- Fluctuations in global dairy prices impacting import volumes.
- Impact of trade agreements or regulations within the EU affecting supply chains.
