The import of ethylene to Italy is forecasted to increase consistently over the next five years, reaching approximately 208.67 million kilograms by 2028 from 181.94 million kilograms in 2024. The average compound annual growth rate (CAGR) over this period is approximately 3.47%, indicating a steady upward trend in imports. In 2023, the volume stood at 175.00 million kilograms, reflecting an increment in demand.
Year-on-year growth for the next few years is expected to be around:
- 2024: 3.97%
- 2025: 3.79%
- 2026: 3.58%
- 2027: 3.38%
- 2028: 3.21%
Future trends to watch for include fluctuations in global ethylene prices, potential tightening of supply chains, and Italy’s industrial demand, particularly in the plastics and chemical industries. Environmental regulations and advancements in alternative materials could also impact future import levels. Monitoring these factors will be critical for accurately adjusting forecasts and strategic decision-making.