The import of sodium hydroxide (caustic soda) in aqueous solution to Italy saw varied trends over the past decade. From 2013 to 2018, the imports generally increased, with minor fluctuations, peaking in 2019 at approximately 588.87 million kilograms. However, in 2020, there was a significant drop of 15.02%. Recovery followed in 2021 with a 17.07% rise, and by 2023, the import volume reached 643.32 million kilograms, reflecting a year-on-year increase of 2.1%. The compound annual growth rate (CAGR) for the last five years was around 2.29%. Forecasts indicate a positive trend continuing, with imports expected to grow at an average annual rate of 1.62%, achieving a forecasted volume of 710.47 million kilograms by 2028.
Future trends to watch:
- Potential impacts of policy changes in the EU regarding chemical imports.
- Environmental regulations influencing the production and consumption of caustic soda.
- Changes in global supply chain dynamics and their influence on import volumes.
- Technological advancements in the production of sodium hydroxide and its substitutes.
