Forecast: Import of Fresh or Chilled Onions and Shallots to Italy

The import of fresh or chilled onions and shallots to Italy shows a steady but mild upward trend from 2024 to 2028, with annual increments of around 0.05 million US dollars. This indicates a consistent demand growth for these commodities in Italy, reflecting a year-on-year increase of approximately 0.17%. In 2023, imports stood at 32.875 million US dollars, establishing a baseline for this projection. Over the five-year forecasted period, the compound annual growth rate (CAGR) suggests an average yearly increase of 0.19%.

Future trends to watch for include potential impacts of climate change on crop yields, shifts in consumer preferences towards local produce, and trade policy changes that could affect import costs and volumes. Monitoring these factors will be crucial for stakeholders in this market.

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