The import forecast for rods and profile shapes of vulcanised non-cellular rubber to Italy shows a steady increase from 2024 to 2028, rising from 46.372 to 50.418 million US dollars. This reflects a year-on-year growth rate of approximately 2.2% during this period. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be around 2.1%. In 2023, the value stood at 45.373 million US dollars, indicating a continuing upward trend despite global trade challenges.
Future trends to watch:
- Potential impacts of economic policies and trade agreements on rubber imports.
- Technological advancements in material production affecting demand.
- Environmental regulations influencing sourcing of raw materials.
