In 2023, Italy's soybean production stood at 1.2 million metric tons. Forecasted data shows a steady increase from 1.2294 million metric tons in 2024 to 1.3341 million metric tons by 2028. This indicates a positive growth trajectory.
Year-on-year, the projections from 2024 to 2028 depict an average increase of approximately 2% annually. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is estimated around 2%, signaling consistent growth in soybean production.
Future trends to watch include potential shifts in agricultural policies, climate change impacts, and advancements in soybean yield technologies which could further influence production levels.
