The forecast for the import of Degras, Residues from Treatment of Animal and Vegetable Waxes to Italy shows a declining trend from 2024 to 2028. In 2023, the import volume stood at 2.9618 million kilograms. Starting from 2.6604 million kilograms in 2024, there is a consistent decrease, with a projected reach of 1.4671 million kilograms by 2028.
Year-on-year variations are:
- -11.4% from 2024 to 2025
- -12.8% from 2025 to 2026
- -14.4% from 2026 to 2027
- -16.5% from 2027 to 2028
Over the five-year period, the compound annual growth rate (CAGR) is -13.8%, indicating a steady decrease.
For future trends, consider monitoring shifts in supply chain dynamics, Italy's industrial demand, and potential policy changes affecting imports. Sustainability initiatives might influence sourcing preferences towards alternative materials.
