Forecast: Unwrought Aluminium Market Size Volume in Italy

The unwrought aluminium market in Italy is forecasted to grow from a volume of 2.1479 Billion Kilograms in 2024 to 2.286 Billion Kilograms by 2028. The current year 2023 recorded an actual market volume of 2.115 Billion Kilograms. Year-on-year, the market is expected to see a steady increase of approximately 1.63% from 2024 to 2025, continuing with a marginal increase of 1.59% from 2025 to 2026. Subsequent years show consistent annual growth rates of around 1.55% and 1.51% until 2028. The compound annual growth rate (CAGR) over the forecast period of 2024 to 2028 averages at about 1.57%.

Future trends to watch for include:

  • Increasing demand in lightweight automotive and aerospace industries.
  • Technological advancements in aluminium recycling processes.
  • Governmental policies on environmental sustainability driving increases in aluminium usage.
  • Potential supply chain disruptions impacting aluminium production and distribution.

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