The import of superphosphates to Italy is projected to decrease steadily from 2024 to 2028. In 2023, the actual imports stood at 11.2 million USD. Forecast data shows a decline from 10.025 million USD in 2024 to 6.9169 million USD by 2028, reflecting a consistent downward trend in import value.
Year-on-year variation:
- 2025: -8.0%
- 2026: -8.55%
- 2027: -9.11%
- 2028: -9.84%
The compounded annual growth rate (CAGR) from 2023 to 2028 is approximately -9.03%, indicating an average annual decrease of 9.03% in import value.
Future trends to watch for:
- Global supply chain disruptions that could further impact import costs.
- Changes in agricultural policies influencing domestic production and import demand.
- Fluctuations in currency exchange and economic conditions impacting trade.
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