In 2023, Italy's import of asphalt or similar material articles in rolls stood at an estimated value of 6.60 million USD. The forecast from 2024 to 2028 shows a gradual decline in import values, starting at 6.405 million USD in 2024, and dropping to 5.6829 million USD by 2028. The year-on-year variation suggests a consistent decrease, approximately averaging between 2-3% annually over these years.
The compound annual growth rate (CAGR) for this period is anticipated to reflect a downtrend of about 3%, indicating a steady decline in import reliance or demand over the five-year forecast period.
Future trends to watch for include:
- Potential shifts in domestic production or emerging alternative materials that could reduce import needs.
- Regulatory changes or infrastructural investments in Italy impacting demand for asphalt.
- Fluctuations in global supply chains or economic conditions which might affect overall import volumes.