The forecasted data on the import of processed cheese to Italy from 2024 to 2028 indicates a gradual decline in volume. Starting at 37.894 million kilograms in 2024, the value is expected to decrease annually, reaching 36.886 million kilograms by 2028. This represents a steady annual decline with an average compound annual growth rate (CAGR) over these years.
Currently, in 2024, we witness the initial decline with a year-on-year reduction from 2023's actual figures. Moving forward, each year continues this slight downward trend.
Future trends to watch for:
- Changes in consumer preferences towards alternative cheese products or healthier options.
- Impact of economic and trade policies that might affect import volumes.
- Competitive pressure from local cheese producers that could influence import demand.