The re-import of castor oil or fractions to Italy shows a declining trend from 2024 to 2028, with volumes decreasing from 3.57 to 3.11 thousand kilograms. From 2023 to 2024, data is not available, but the downward trend is evident from 2024 onwards. Year-on-year, there is an average decline of approximately 3.2% each year. The Compound Annual Growth Rate (CAGR) over the forecasted period is negative, indicating overall contraction in re-import volumes.
Future trends to watch for include:
- Changes in global demand for castor oil could affect re-import volumes.
- Sustainability trends influencing raw material sourcing policies in Italy.
- Potential trade policy changes across the EU impacting import dynamics.
