Forecast: Sorghum Feed in Italy

The trend of Sorghum feed consumption in Italy has been consistently downward from 2014 to 2023, with a clear year-on-year decrease. In 2023, the volume stood at 217,000 metric tons, showing a decline of -6.87% from the previous year. Over the last five years, the compound annual growth rate (CAGR) has been -6.58%, indicating a steady reduction in consumption. Historically, fluctuations were minimal, except for a brief increase in 2018.

Looking ahead, forecasts predict a continued decline in the range of -7.56% CAGR through 2028, resulting in a significant reduction in usage, with anticipated volumes decreasing by 32.5% from their 2024 levels.

Future trends to watch for include potential shifts in agricultural practices towards more efficient feed alternatives, impacts of regulatory changes on sorghum cultivation, and broader market dynamics affecting animal husbandry in Italy.

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