Key Market Indicators
Italian manufacturing output is projected to climb to approximately €1.33 trillion by 2028, up from €1.22 trillion in 2023. This marks an average annual growth rate of 1.3%. Since the turn of the millennium, Italy's manufacturing supply has experienced a consistent annual increase of 4.1%. In the global rankings for 2023, Italy secured the second position, trailing Germany, which also posted a manufacturing output of about €1.22 trillion. Following Italy, France and Spain occupied the third and fourth spots, respectively, in the manufacturing output rankings.