The forecast for the re-import of Gum Arabic to Italy from 2024 to 2028 shows a consistent decline. In 2024, the volume is expected to be 11.22 thousand kilograms, decreasing by approximately 10% to 10.1 thousand kilograms in 2025. It continues to drop each year, reaching 6.91 thousand kilograms by 2028. This represents a compounded annual growth rate (CAGR) of about -11% over these five years, indicating a significant downward trend.
Future trends to watch for include:
- Changes in global supply chains due to geopolitical events which could impact availability and cost.
- Shift in demand from industries using gum arabic, potentially affecting import volumes.
- Emerging substitutes for gum arabic in the market, which could decelerate re-import needs.