The import of beeswax, other insect waxes, and spermaceti to Italy is showing a steady upward trend from 2024 to 2028, with projected volumes of 730.07 thousand kilograms in 2024, increasing gradually to 777.82 thousand kilograms by 2028. This represents a consistent year-on-year growth of approximately 1.68% to 1.80% each year. In 2023, the import volume stood at 717.99 thousand kilograms. The forecasted compound annual growth rate (CAGR) over the period from 2023 to 2028 is approximately 1.63%.
Future trends to watch for include the impact of sustainability movements on demand for natural insect-derived products, potential shifts in international trade policies affecting import volumes, and the role of innovations in synthetic alternatives possibly influencing the market dynamics in Italy.
