In 2023, the import value of unvulcanised rubber compounded with carbon black or silica to Italy was notably lower than the forecasted amounts for subsequent years. By 2024, it is anticipated at $169.53 million, rising to $179.34 million by 2028.
The year-on-year growth from 2024 to 2028 indicates a steady upward trend, reflecting increased demand or pricing shifts. The average compound annual growth rate (CAGR) across these five years is moderate, suggesting a consistent rise in import values.
Future trends to monitor include technological advancements in automotive and industrial sectors driving rubber demand, potential trade policies affecting rubber imports, and economic factors influencing Italy's import capabilities.
