As of 2023, Italy's import of diethanolamine and its salts stood at an actual value of 6.25 million kilograms. The forecast from 2024 to 2028 suggests a gradual decline, with volumes decreasing from 6.1957 million kilograms in 2024 to 5.9516 million kilograms in 2028. This trend indicates a steady year-on-year percentage decrease, reflecting a slight reduction in import demand over this period. The compound annual growth rate (CAGR) highlights an average annual decrease across these five years.
Future Trends to Watch For:
- Potential shifts in industrial demand due to regulatory changes in the European chemicals market.
- Substitution trends as the industry explores alternative compounds.
- Changes in global supply chains affecting availability and import costs.
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