The import of adipic acid to Italy in 2023 was 156.40 million kilograms. From 2023 to 2028, the forecasted imports show a steady increasing trend. Year-on-year growth is approximately 2.5% from 2024 to 2025, 2.4% from 2025 to 2026, 2.3% from 2026 to 2027, and 2.2% from 2027 to 2028. The compound annual growth rate (CAGR) over the 5-year period from 2023 to 2028 is about 2.4%, illustrating a consistent increase.
Future trends to watch for include:
- Changes in Italy's industrial demand for adipic acid, particularly from sectors like pharmaceuticals and plastics.
- Potential impact of global supply chain disruptions or changes in trade policies that could affect import volumes.
- Advancements in synthetic alternatives to adipic acid that might influence demand.
- Environmental regulations impacting the production and export of adipic acid globally.