The volume of alcoholic beverages imported into Italy showed significant variability from 2014, starting at 1.11 million metric tons. Notable fluctuations include a peak in 2015 with a 10.17% increase and notable dips such as the -16.58% decrease in 2020 largely due to the pandemic. By 2023, the volume reached 1.22 million metric tons, marking a modest but steady 0.49% year-on-year growth. Over a 5-year period, from 2018 to 2023, the average annual growth rate (CAGR) stood at 0.28%, indicating a slow but consistent recovery post-2020.
Future Trends to Watch For:
From 2024 onwards, forecasted figures indicate a stable growth trajectory, with the import volume expected to reach 1.25 million metric tons by 2028. The projected 5-year CAGR is 0.39%, suggesting a continuation of the slow upward trend. Economic factors, changing consumer preferences, and potential regulatory impacts should be closely monitored to understand their influence on import volumes.