In 2023, Italy's import of lemons and limes was significantly below the 2024 forecast value of $209.26 million. From 2024 to 2028, forecasts predict a consistent annual increase, reaching $230.44 million in 2028. This steady growth reflects a positive trend in demand, with an approximate year-on-year increase averaging around 2.4%. Looking over a broader timeline, the compound annual growth rate (CAGR) from 2024 to 2028 stands at approximately 2.5%.
Future trends to watch for include:
- Impact of climate changes on production in primary supplying countries.
- Shifts in consumer preferences towards organic and sustainably sourced produce.
- Potential trade policy changes impacting import costs and volumes.