The import of shelled walnuts to Italy has displayed a steady increase over the past decade. By 2023, the volume reached 8.907 million kilograms. This represents a year-on-year increase of 3.26%. The compound annual growth rate (CAGR) over the last five years stands at 3.94%. From 2013 to 2023, the CAGR was noted at 6.43%, indicating robust long-term growth. Actual data reveals spikes and dips, such as a 25.78% rise in 2016 and a modest 3.85% increase in 2020.
For the forecasted period (2024-2028), the volume is projected to keep rising, reaching 10.23 million kilograms by 2028. This represents an anticipated 11.41% growth over the next five years, with an average annual growth rate (CAGR) of 2.18%.
Future trends to watch for:
- Impact of global walnut production on import volumes.
- Changes in consumption patterns due to health trends.
- Potential trade policies affecting imports.
- Technological advancements in walnut processing and storage.
