In 2023, the import of animal feed preparations to Italy was valued at approximately 355 million US dollars. The forecasted growth for the years from 2024 to 2028 suggests a steady increase, reaching around 361.66 million US dollars in 2028. The year-on-year growth rate from 2023 to 2024 is about 0.35%, continuing at similar rates through 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is projected to be modest, reflecting a stable, incremental rise in imports.

Future trends to watch for include:

Fluctuations in global grain markets, which could impact feed costs and import volumes.
Changes in domestic production capacity in Italy affecting import needs.
Shifts in regulatory frameworks within the EU that may alter import dynamics.
Potential impacts of climate changes on agricultural productivity and feed demand.