The import volume of castor oil or fractions to Italy increased steadily from 18.087 million kg in 2024 to 19.043 million kg in 2028. Given this trajectory, we observe a consistent growth in imports with an estimated CAGR of approximately 1.3% over the forecast period. As of 2023, the import stood slightly below 18.087 million kg, indicating a positive upward trend.
Future trends to watch include:
- Potential impacts of global supply chain disruptions on castor oil imports.
- Fluctuations in demand driven by industrial usage and environmental regulations.
- Technological advancements in production enhancing supply capacity.