The import of sunflower or safflower oil and fractions simply refined to Italy is forecasted to experience steady growth from 2024 to 2028. In 2023, actual imports stood at a lower baseline, suggesting a significant projected upward trend. Year-on-year growth is approximately 4-5%, indicating increasing demand or reliance on these oils. The compound annual growth rate (CAGR) over the forecasted period is expected to maintain a steady trend, reflecting consistent importation plans or consumption needs.
Future trends to watch for include:
- Changes in consumer preferences towards healthier oil options.
- Potential economic or political factors affecting import logistics or costs.
- Technological advancements or innovations in oil production that could impact global pricing.