Fodder root crops production in Italy has experienced significant fluctuations over the past decade. From 2013 to 2015, there was a declining trend, with production dropping from 104.37 million Euros in 2013 to 56.28 million Euros in 2015. However, from 2016 onwards, the production showed a generally upward trend, reaching 143.62 million Euros in 2023.
The year-on-year variation over the last two years indicates a robust growth with a 48.02% increase in 2022 followed by a marginal increase of 0.5% in 2023. The five-year CAGR as of 2023 stands at a healthy 9.98%, indicating strong growth momentum.
Future trends to watch for include:
- Moderate growth with a forecasted 5-year CAGR of 0.39%, leading to a production level of 147.14 million Euros by 2028.
- Potential fluctuations due to external factors such as climate change, EU agricultural policies, and market demand shifts.
- Technological advancements in agriculture that may influence productivity and efficiency.
