The import forecast of terephthalic acid to Italy shows a consistent decrease from 109.11 million kilograms in 2024 to 67.872 million kilograms in 2028. This marks a projected decline of approximately 37.8% over the five-year period. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to be negative, reflecting a continual reduction in imports year-on-year. Looking back to 2023, the volume was higher, constituting the starting point for this downward trend.
Future trends to watch for include technological advancements in domestic production, shifts in demand for downstream products such as polyester, and global trade dynamics that might affect Italy's import needs for terephthalic acid. Monitoring these factors will be essential for anticipating further changes in import levels beyond 2028.
