The import of compound plasticisers for rubber or plastic to Italy in 2023 was $34 million. From 2024 onwards, the forecast data reveals a consistent growth pattern. The import value is projected to increase steadily from $34.565 million in 2024 to $37.303 million by 2028. This represents a year-on-year increase of 2.04% between 2024 and 2025, 1.96% from 2025 to 2026, 1.88% between 2026 and 2027, and 1.81% from 2027 to 2028. The five-year compound annual growth rate (CAGR) averages at 1.91%.
Future trends to watch for include:
- Changes in regulatory policies that might affect raw material prices and import activities.
- Technological advancements in plasticiser formulations that could influence demand dynamics.
- Global economic factors that may impact supply chain efficiency and costs.