In 2023, Italy's bitumen closing stock stood at a certain point, marking the baseline for subsequent forecasts. From 2024 to 2028, the closing stock is projected to grow consistently. Specifically, the stock is forecasted to rise from 424.35 thousand metric tons in 2024 to 452.06 thousand metric tons in 2028. This reflects a steady year-on-year growth of approximately 1.65%. Over the forecast period, the compound annual growth rate (CAGR) stands at roughly 1.6%.
Future trends to watch for include potential shifts in road infrastructure demand, regulatory changes affecting the industry, and technological advancements in bitumen production and application which could influence future stock levels significantly.
