In 2023, cereals production in Italy stood at approximately 15.430 million metric tons. The forecast indicates a steady decline in production over the period from 2024 to 2028, with expected values reducing from 15.199 million metric tons in 2024 to 14.294 million metric tons by 2028. This represents a year-on-year decrease respectively of about 1.53% from 2024 to 2025, 1.53% from 2025 to 2026, 1.51% from 2026 to 2027, and 1.51% from 2027 to 2028. The compound annual growth rate (CAGR) for the forecast period is approximately -1.52%.
Future trends to watch for include:
- Potential impacts of climate change on agricultural yield.
- Technological advancements in agricultural practices.
- Fluctuations in demand due to changes in dietary preferences.
- Policy changes impacting agricultural subsidies and trade agreements.