The rapeseed oil production in Italy has shown a moderate fluctuation over the years, standing at 27.2 thousand metric tons in 2023. Over the last two years, production has seen almost flat growth, with variations of 0.38% in 2022 and 0.37% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years indicates a slight decline of -1.21%, signifying a relatively steady market with minimal variation.
Future trends to watch for include:
• A forecasted small increase in production volume, with a 5-year CAGR of 0.3% and an overall growth rate of 1.52% by 2028
• Factors impacting production, such as climate change, technological advancements in agriculture, and policy changes
