The forecast for Italy's hazelnut production from 2024 to 2028 shows a gradual decline, starting at 107.51 thousand metric tons in 2024 and decreasing to 106.62 thousand metric tons by 2028. This represents a year-on-year decline of approximately 0.21%, and a compound annual growth rate (CAGR) of approximately -0.21% over the five-year period. In 2023, the actual production was slightly higher, underlining the downward trend observed in the forecasts.
Future trends to watch for:
- Climate change impacts altering agricultural productivity and harvest yields.
- Shifts in global market demand and export opportunities for Italian hazelnuts.
- Technological advancements and agricultural innovations potentially boosting output.