Forecast: Sold Production of Soya-Bean Oil in Italy

The sold production of soya-bean oil in Italy has seen significant fluctuations from 2013 to 2023. It stood at 147.81 million Euros in 2023. The year-on-year variations have been notably volatile, with a particularly high surge in 2015 (+119.7%) and subsequent dips, revealing an overall inconsistent pattern. The last two years, 2023 and 2022, show a modest increase (+4.09%) and a decrease (-12.32%) respectively. Over the last five years, the compound annual growth rate (CAGR) was slightly negative at around -0.69%.

Forecasts indicate a mild positive growth, with the CAGR from 2024 to 2028 projected at 1.38%. By 2028, the sold production is expected to grow by 7.08% from the 2023 level, reaching 161.2 million Euros.

Future Trends to Watch For:

  • Market stabilization with steady but modest growth.
  • Potential impacts of sustainability and health trends on soya-bean oil demand.
  • Geopolitical influences and trade policies affecting raw material prices and supply chains.

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