In 2023, Italy's sunflower seed import volume stood at 245.0 thousand metric tons. The forecasted data from 2024 to 2028 indicates a steady increase in import volumes. Specifically, imports are expected to rise from 248.0 thousand metric tons in 2024 to 262.0 thousand metric tons by 2028, reflecting an annual average growth rate (CAGR) over the period of approximately 1.4%.
Year-on-year analysis reveals modest percentage increases: 2024 seeing a 1.2% rise from 2023, followed by 1.2% from 2024 to 2025, 1.6% from 2025 to 2026, 1.6% from 2026 to 2027, and 1.2% from 2027 to 2028.
Future trends to watch for:
- Potential changes in global sunflower seed production that could influence import dynamics.
- Developments in domestic processing capacity, affecting local demand.
- Trade policies within the EU that might impact sunflower seed importation.
- Shifts in consumer preferences towards sunflower oil or other products driving import volume changes.