Based on the forecasted data, Italy's olive oil calorie supply per capita is expected to experience a year-on-year decline of approximately 0.90% from 2024 to 2025 and a further 0.88% decrease from 2025 to 2026. This trend continues with declines of 0.87% from 2026 to 2027 and 0.87% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -0.87% annually. Notably, olive oil calorie supply stood higher in 2023, reflecting a downward consumption or supply trend forecasted for the years to come.
Future trends to watch for include the impacts of climate change on olive production, shifts in consumer preferences towards healthier or alternative oils, and economic factors affecting production costs. Monitoring these can provide more insights into potential future adjustments in olive oil consumption and calorie supply.
