As of 2023, actual imports of bovine, sheep, and goat fats to Italy stood at approximately 21.7 million kilograms. Forecast data shows a consistent decline in the import volumes from 2024 to 2028, starting at 20.416 million kilograms in 2024, decreasing annually to reach 15.708 million kilograms by 2028.
The year-on-year percentage variations highlight a gradual decline, ranging from roughly 5.9% to 6.8% over the forecast period. The compound annual growth rate (CAGR) from 2024 to 2028 suggests a steady average decrease annually, which aligns with these variations.
Future trends to watch for:
- Potential impacts of global trade policies on import volumes.
- Shifts in demand driven by dietary changes or alternative product availability.
- Economic conditions influencing animal product markets in Europe.
