Analyzing the coffee import volume in Italy from 2014 to 2023, we observe significant fluctuations. The import volume varied notably in years 2016, 2018, and 2021, with increases of 9.29%, 6.67%, and 6.25% respectively. There are also years like 2015, 2017, 2019, and 2020 where negative growth was recorded at -0.18%, -1.96%, -0.78%, and -4.1% respectively. In 2023, the import volume of coffee in Italy stood at 659.0 thousand metric tons, showcasing a minor year-on-year increase of 0.92%. Over the last five years, the compound annual growth rate (CAGR) has been modest at 0.59%, indicating steady but slow growth overall.
Future trends to watch for include:
- Potential increases in import volume driven by rising coffee consumption in Italy.
- Impact of global supply chain dynamics on coffee availability.
- Environmental and economic factors that may influence both the supply and demand sides.