In 2023, the import of liquefied propane to Italy was valued at approximately 1.17 billion US dollars. Forecasted data indicates a gradual increase from 2024, starting at 1.1792 billion and reaching 1.2041 billion by 2028. The year-on-year growth rate reflects a consistent but modest upward trend of around 0.5% annually over the forecast period. The compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to maintain this steady pace, indicating a stable demand for liquefied propane imports into Italy.
Future trends to watch include potential shifts in Italian energy policies, advancements in renewable energy sources possibly affecting propane demand, and global geopolitical factors that could impact liquefied propane supply and prices in the international market.
