The forecast of fish-liver oil imports to Italy from 2024 to 2028 indicates a declining trend. In 2023, the imports stood as a baseline from which a substantial decrease is projected over the next five years. The year-on-year variations show a consistent decrease: from 2024 to 2025, there is a drop of approximately 14.1%, followed by an even sharper decline of 16.1% from 2025 to 2026. The descending trend continues with a 18.9% decrease from 2026 to 2027 and a 22.8% decline from 2027 to 2028. The compound annual growth rate (CAGR) over the period from 2024 to 2028 reflects an annual average decrease of roughly 17.5%.
Future trends to watch for include:
- Potential impact of sustainability considerations on demand and import practices.
- The role of technological advances in altering production and supply chain efficiencies in the fish-liver oil industry.
- Influencing factors such as regulatory changes or shifts in consumer health awareness could disrupt current projections.
- Exchange rate fluctuations and trade agreements that may affect cost and import levels.