In 2023, the import of acrylic acid and its salts to Italy stood at approximately 19.6 million kilograms. The forecasted data indicates a gradual decline over the next five years, with a minimal year-on-year decrease of around 1.1% in 2025, 1.1% in 2026, 1.1% in 2027, and 1.0% in 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is forecasted at -1.0%, reflecting a steady yet moderate decline.
Future trends to watch for:
- Potential impacts from the adoption of sustainable chemical practices.
- Changes in supply chains due to geopolitical or economic shifts.
- Innovation-driven demand for acrylic acid derivatives.
- Adjustment to environmental regulations that might influence imports.
