The forecasted production of crude olive oil in Italy shows a steady upward trend from 2024 to 2028, with values rising from 998.98 million kilograms in 2024 to 1088.7 million kilograms in 2028. The forecast for 2024 is a continuation of a positive growth trend compared to the actual production observed in 2023, which was 975.6 million kilograms.
Year-on-year, the increase is approximately 2.3% from 2024 to 2025, around 2.2% from 2025 to 2026, about 2.1% from 2026 to 2027, and roughly 2.1% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is about 2.2%.
Looking ahead, potential trends impacting the olive oil sector in Italy include changing climatic conditions affecting olive cultivation, fluctuations in global demand, and advancements in agricultural technology that may influence overall production efficiency and yield quality.
