Italy Agribusiness Report Q1 2015

Business Monitor International
November 26, 2014
120 Pages - SKU: BMI5392048
Countries covered: Italy

Italy Agribusiness Report Q1 2015

BMI View: Our outlook for the Italian agribusiness sector has turned more positive, as we believe the dairyand livestock industries will record fairly robust growth through to 2017/18 on the back of the removal ofthe EU's milk production quota in 2015, and the opportunity for Italy to develop its value-added exports Weexpect corn production to post the strongest growth out of the grains complex largely due to base effects, aswe believe wheat output will remain broadly flat due to little opportunity for area or yield growth.

Key Forecasts

Corn production growth to 2017/18: 27.5% to 10.2mn tonnes. Production is expected to rise on lowbase effects and in spite of low corn prices by historical standards.

Cheese consumption growth to 2018: 20.4% to 1.8mn tonnes. Per capita cheese consumption, at28.1kg, is on a par with France and Germany and higher than in northern European countries such asSweden and the UK. Still, we see room for additional growth over the coming years.



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