The import value of anhydrous ammonia to Italy in 2023 stood at a certain level before moving into a forecasted decline over the next five years. The value is expected to drop from 11.674 million USD in 2024 to 8.0901 million USD in 2028. This indicates significant year-on-year decreases:
- 2024 to 2025: Approximately -7.90%
- 2025 to 2026: Approximately -8.39%
- 2026 to 2027: Approximately -9.00%
- 2027 to 2028: Approximately -9.70%
Considering the average annual decrease over the five-year period, the compound annual growth rate (CAGR) suggests a declining import trend of around -8.50% per year.
Future trends to watch for include potential shifts in Italy’s domestic production capacity, changes in global ammonia market prices, and evolving agricultural policies which could impact demand for ammonia imports.
