As of 2024, Italy's import of lubricating oil additives with petroleum or bitumen oil stands at 159.5 million kilograms, following a historical increase from earlier years. The forecasted data predicts a gradual annual growth rate with volumes expected to reach 166.55 million kilograms by 2028. Year-on-year growth from 2024 onwards shows a steady upward trend, reflecting a consistent compound annual growth rate (CAGR).
Future trends to watch include:
- Potential disruptions in supply chains that could impact import volumes.
- Technological advancements in lubricant formulations enhancing efficiency and reducing overall volume demand.
- Shifts in environmental regulations that might influence demand for specific additive types.