In 2024, Italy's import of live bovine animals, except pure-bred breeding, is forecasted at 1.316 billion USD, demonstrating a modest year-on-year increase compared to 2023. The projected values from 2024 to 2028 exhibit a consistent upward trend, with the import value reaching 1.3337 billion USD by 2028. The forecast indicates a steady growth with a compound annual growth rate (CAGR) reflective of minor but stable increments each year.
Future Trends to Watch:
- Monitor trade regulations within the EU and international markets that might impact import volumes and values.
- Pay attention to Italy's domestic bovine production and consumption trends, which may influence import needs.
- Economic conditions and currency exchange rates could significantly affect import costs and decisions.