The import of crude rape, colza, and mustard oil to Italy is projected to continually rise from 2024 to 2028, with values reaching 115.12 million kilograms by 2028. In 2023, imports stood at a certain level, indicating a robust growth trend in subsequent years. Year-on-year, the imports are expected to increase by an approximate rate of 13% annually. This sustained growth suggests a compound annual growth rate (CAGR) of about 11.08% over this period. This growth trajectory highlights increased demand or supply chain adaptations.
Future trends to watch for include:
- Impact of emerging sustainability policies on import volumes.
- Market responses to fluctuations in global oilseed production.
- Potential shifts in consumer preferences toward more environmentally friendly or locally produced oils.