Forecast: Primary Oilseeds Gross Production in Italy

In 2023, the gross production of primary oilseeds in Italy stood at 584.5 million US Dollars PPP = 2004–2006. The forecasted data shows a steady decline in production value over the next five years, starting at 569.77 million in 2024 and falling to 513.86 million by 2028. The year-on-year variation indicates a consistent downward trend: -2.53% from 2024 to 2025, -2.54% from 2025 to 2026, -2.54% from 2026 to 2027, and -2.58% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is -2.63%, reflecting an average annual decrease in production value.

Future trends to watch for include shifts in agricultural policies, changes in global oilseed demand, and climate impacts that could further influence production volumes and values. Sustainable farming practices and technological advancements may offer opportunities for mitigation and adaptation.