In 2023, Italy imported petroleum-based lubricating oil amounting to a certain value not specified in the provided data. From 2024 onwards, the forecast shows a consistent upward trend in imports, starting at $136.27 million in 2024 and reaching $150.24 million by 2028. The year-on-year growth rates indicate a gradual increase, with figures around 2.6% to 2.8% annually. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 reflects steady growth, averaging approximately 2.5% per year.

Future trends to watch for include:

Potential impacts of global oil price fluctuations on import costs.
Technological advancements in sustainable lubricants that could influence demand.
Economic and industrial activity in Italy affecting lubricating oil consumption.
Regulatory changes at the European or global level impacting the oil and lubricant market.