Forecast: Import of Ceramic Roofing Tiles to Italy

The import of ceramic roofing tiles to Italy has shown a clear downward trend from 2013 to 2023. In 2013, imports were at 8.0733 million USD, but by 2023 this value had decreased significantly to 2.8405 million USD. Key years saw significant drops, such as 2014 with a -19.81% variation, and 2020 with a -21.71% variation. While 2021 saw a temporary rebound with a 13.38% increase, the general trend over the last decade has been negative, culminating in a -6.4% year-on-year decrease in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was -4.95%.

The forecast for the coming years predicts a continuation of this declining trend, with imports expected to fall further to 1.8251 million USD by 2028. The projected five-year CAGR from 2023 to 2028 is -7.03%, indicating an average annual decrease in the value of imports. The overall forecasted growth rate for this period is -30.53%.

Future trends to watch for include:

  • The impact of economic recovery or downturn on construction activity in Italy.
  • Changes in trade policies or tariffs, particularly within the EU.
  • Technological advancements in roofing materials that may decrease the demand for traditional ceramic tiles.
  • Sustainability practices influencing construction material choices.

Top Countries about Roofing