The import of shelled groundnuts to Italy has shown a steady increase from 18.63 million kilograms in 2013 to 25.31 million kilograms in 2023. The year-on-year growth over the past two years has been around 2.1%, with the compound annual growth rate (CAGR) over the last five years being approximately 2.22%. Future projections indicate continuous growth, with imports expected to reach 27.76 million kilograms by 2028, implying a forecasted 5-year CAGR of 1.46%.
Future trends to watch for:
- Global supply chain disruptions that could affect import volumes.
- Changes in domestic agricultural policies or trade agreements impacting import levels.
- Growing consumer demand for nuts as part of healthier diets.
- Potential competition from other nut imports influencing market dynamics.