In 2023, Italy's import of hydrogen, rare gases, and non-metals stood at a base value not explicitly provided in the data. For the forecast period starting from 2024, a consistent year-on-year growth is noted. Import values are expected to rise from 222.45 million USD in 2024 to 232.5 million USD by 2028. The average compound annual growth rate (CAGR) over these five years indicates a steady increase highlighting growing demand or prices in these imports.
Future trends to watch for:
- Technological advancements in hydrogen energy and the development of renewable energy sources.
- Shifts in global supply chains affecting the availability and prices of rare gases and non-metals.
- Potential regulatory changes impacting import policies in Italy and the broader European Union.
- Sustainability measures and environmental regulations shaping the market dynamics.