The import of residues of starch manufacture to Italy is forecasted to see steady growth from 2024 to 2028, with values predicted to increase annually. In 2023, the import value stood at 20.682 million USD, experiencing a modest year-on-year increase of approximately 0.53% from 2023 to 2024. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is projected at approximately 0.52%, indicating a consistent upward trend in imports.
Key future trends to watch for include:
- The impact of trade policies and international agreements on import rates.
- Developments in domestic starch production and their influence on import dependency.
- Technological advancements in starch residue utilization which might affect import demand.