As of 2023, the import volume of mono- or di-sodium phosphates to Italy stood at 2.115 million kilograms. From 2024 to 2028, the data forecasts a gradual decline in import volumes. Specifically, 2024 begins with 2.0922 million kilograms, marking a slight decrease of 1.08% compared to 2023. Subsequent years reflect continued declines: 1.09% in 2025, 1.09% in 2026, 1.08% in 2027, and 1.07% in 2028. Over the entire five-year forecast period, the compound annual growth rate (CAGR) is expected to reflect an average annual decline of 1.08%.
Future trends to watch for:
- Economic and industrial shifts impacting demand for phosphates.
- Potential regulatory changes on chemical imports.
- Developments in local production capabilities affecting import reliance.