In 2023, Italy's soybean production was the base for forecasting future growth. By 2024, the production is expected to hit 1.2 million metric tons. The trend depicts a consistent increase year-on-year: 0.83% in 2025, 0.83% in 2026, 1.64% in 2027, and 0.81% in 2028. The compound annual growth rate (CAGR) for the forecasted period is approximately 0.98% per year, indicating gradual but steady growth in production.
Future trends to watch for include:
- Climate change impacts on agricultural yield.
- Technological advancements in farming techniques.
- Fluctuations in global soybean demand and trade policies.
- Italy's potential shift towards sustainable agriculture.
