The import of walnuts in shell to Italy has shown fluctuations over the years. From 2013 to 2018, the trend was quite volatile, with significant dips and rises. After a sharp increase in 2014, the market plummeted in 2015 and 2018. However, since 2019, the trend has been more stable and demonstrated a gradual increase. In 2023, the import value stood at 159.48 million US dollars, marking a 2.24% rise from the previous year.
Year-on-year variations over the last two years indicate steady growth, with 2.34% in 2022 and 2.24% in 2023. The compound annual growth rate (CAGR) for the last five years (2019-2023) is approximately 4.62%.
Future trends to watch for include a moderate growth projected over the next five years at a forecasted CAGR of 1.55%, with an overall growth rate of 8% by 2028. Market stability and slight upward trends suggest a steady demand for walnuts in shell.
