The import of margarine to Italy in 2024 is forecasted to be 18.671 million kilograms. The actual import value in 2023 stood at 19.528 million kilograms. From 2024 to 2028, a consistent year-on-year decline is observed: - 2025: -4.4% - 2026: -4.5% - 2027: -4.6% - 2028: -4.8%
Over the last two years (2023 to 2025), the import shows a cumulative reduction of 9.2%, while the Compound Annual Growth Rate (CAGR) over the next five years indicates an average yearly decrease of 4.6%.
Future trends to watch for:
- The ongoing shift towards healthier eating habits may continue to suppress demand.
- Changes in EU trade policies post-Brexit may affect import routes and tariffs.
- The rise of plant-based alternatives could significantly impact traditional margarine imports.