In 2023, the import of petroleum-based lubricant used for the treatment of textile materials, leather, and furskins to Italy stood at approximately 5.25 million kilograms. Forecasted data from 2024 to 2028 show a slight decline each year, with imports decreasing from 5.2132 million kilograms in 2024 to 5.0965 million kilograms in 2028.
The year-on-year variation suggests a steady decline, with percentages typically ranging around -0.5%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates a gradual decrease in imports around -0.5% annually.
Future trends to watch for include:
- The impact of shifting global supply chain dynamics on import volumes.
- Technological advancements in textile manufacturing, which may reduce dependency on petroleum-based lubricants.
- Potential changes in environmental regulations affecting lubricant use.