The sold production of rape, colza, and mustard oil in Italy is forecasted to show a steady increase from 2024 to 2028, starting at 26.679 million kilograms in 2024 and reaching 31.999 million kilograms by 2028.
From 2024 to 2025, there is an expected increase of 5.06%, followed by a 4.77% rise from 2025 to 2026, a 4.50% increase from 2026 to 2027, and a 4.27% rise from 2027 to 2028. Calculating the five-year compound annual growth rate (CAGR) results in an average annual increase of 4.64%.
Future trends to watch for include potential influences of climatic changes on crop yield, evolving consumer preferences favoring plant-based oils, and adaptation to EU agricultural policies, which may affect the supply and competitive dynamics within the European market. Keeping an eye on shifts in global demand and olive oil price fluctuations, which may impact these forecasts, is also advisable.
