Between 2013 and 2023, the import of polyurethanes in primary forms to Italy exhibited notable fluctuations. From 2013, there was a significant drop of 9.11% in year-on-year growth, and minor changes persisted until 2015. The period from 2016 to 2021 saw varied performance, with peak growth at 21.56% in 2021. Although 2022 experienced a slight decline of 2.46%, 2023 reported a moderate increase of 1.59%. The compound annual growth rate (CAGR) over five years leading to 2023 stands at 0.5%, showcasing the volatility of imports.
The forecast through 2028 reflects a stabilized growth, with the expected five-year CAGR at 1.16% and an overall five-year growth rate of 5.96%, indicating a gradual increase.
Future trends to watch for include technological advancements in polyurethane manufacturing, emerging environmental regulations, and shifts in demand from various industries such as automotive and construction which are likely to impact the import dynamics in Italy.
