The tow waste hemp yield in Italy has demonstrated notable fluctuations from 2013 to 2023, primarily reflecting a pattern of both peaks and declines. By 2023, the yield reached 90.31 thousand hectograms per hectare, marking a moderate yet consistent year-over-year growth rate of 2.54% compared to 2022. Over the last two years, the yield increased by approximately 5.27% cumulatively. Analyzing the compound annual growth rate (CAGR) over the last five years, we observed a 5.5% average yearly increase from 2019 to 2023.
Projected data from 2024 onwards suggest a continuing upward trend with a future 5-year CAGR of 1.91%, amounting to a 9.95% total growth from 2024 to 2028. Given these forecasts, the future outlook for tow waste hemp yield in Italy remains positive but indicates a deceleration in growth rate.
Future trends to watch for include advancements in agricultural practices, climate change impacts, economic conditions, and regulatory changes that may influence the yield and production efficiency of hemp in Italy.
