The forecast for Italy's import of ferro-nickel shows a steady decline from 2024 to 2028, decreasing from $194.56 million in 2024 to $149.17 million in 2028. As of 2023, the value of imports was higher than in the forecasted years, indicating a shrinking demand or supply reduction. The year-on-year percentage decline reveals a consistent downward trend. The Compound Annual Growth Rate (CAGR) over the forecasted period points to an average annual decrease, underscoring a negative trend in the industry.
Future trends to watch for:
- Potential shifts in global nickel supply chains and their impact on Italy.
- Changes in industrial demand within Italy that could alter import levels.
- Economic and policy developments affecting trade tariffs and import regulations.