The forecast for the import of refined rape, colza, or mustard oil to Italy shows a declining trend from 2024 to 2028, with volumes expected to decrease steadily each year. Specifically, imports are projected to drop from 21.046 million kilograms in 2024 to 18.039 million kilograms by 2028. As of 2023, the actual import figures stood notably higher, marking the beginning of this downward trend.

Year-on-year variations indicate a consistent reduction in import volumes, reflecting a decrease of around 3.6% annually. Over the five-year forecasted period, the compound annual growth rate (CAGR) reveals an average decline of approximately 3.75% per year.

Future trends to watch for:

Shifts in domestic production and consumption patterns of alternative oils which could further influence import demand.
Potential changes in trade policies or tariffs affecting the import market.
Consumer preferences and any shifts towards local or sustainably sourced oils that might impact future imports.