Forecast: Import of Acrylonitrile-Butadiene Rubber (NBR) Except as Latex to Italy

The import of Acrylonitrile-Butadiene Rubber (NBR) to Italy exhibited fluctuations from 2013 to 2023, peaking in 2014 at a growth of 5.9% year-on-year and experiencing a significant drop by 20.44% in 2015. While the years following showed some instability, with varied growth rates, the trend from 2021 to 2023 indicates a stable yet modest increase of around 0.71% to 0.73% year-on-year. As of 2023, imports stood at approximately 58.382 million USD. The overall Compound Annual Growth Rate (CAGR) over the past five years was close to 0.097%, reflecting a relatively steady but slow growth pattern.

Future trends to watch for:

  • Improving economic conditions and industrial demand in Italy could bolster import levels.
  • Technological advancements in rubber production might influence the import volumes.
  • Sustainability initiatives could steer market preferences away from synthetic rubbers like NBR.
  • Global trade policies and geopolitical factors might impact supply-chain dynamics.

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