In 2023, Italy imported acetic acid at a significantly higher volume than forecasted for the following years. From 2024 onward, the forecast shows a consistent decline in import volumes, with 2024 starting at 21.31 million kilograms, reducing to 13.579 million kilograms by 2028. This indicates a steady year-on-year decrease, with notable reductions each year: 9.2% in 2025, 10% in 2026, 11.1% in 2027, and 12.3% in 2028. The compound annual growth rate (CAGR) over the forecasted period is negative, reflecting an average annual decrease.
Future trends to watch for include:
- Potential increases in domestic production.
- Changes in acetic acid demand driven by industrial needs or price fluctuations.
- Impacts from environmental legislation or trade policies.