In 2023, Italy's import of Wine Lees and Argol stood at 5.54 million kilograms. The forecasted data from 2024 to 2028 shows a consistent declining trend. There is a year-on-year decrease of approximately 4.5% from 2024 to 2025, followed by similar declines of 4.6% from 2025 to 2026, 4.7% from 2026 to 2027, and 4.9% from 2027 to 2028. The 5-year CAGR from 2024 to 2028 is around -4.5%, highlighting a steady reduction in import volumes.
Future trends to watch for include:
- Potential changes in international trade agreements affecting import tariffs.
- Variations in the global supply and demand of wine lees and argol.
- Technological advancements in alternative uses or substitutes for these products.
- Economic factors in Italy that may impact import volumes, such as shifts in domestic production capabilities.
