Forecast: Production of Basic Pharmaceutical Products in Italy

The production of basic pharmaceutical products in Italy exhibited significant fluctuations from 2013 to 2023, with values peaking in 2018 and hitting lows in 2019. As of 2023, production stood at 49.98 million kilograms, reflecting a compound annual growth rate (CAGR) of -18.59% over the past five years. Year-on-year variations also indicate substantial volatility, with notable increases in 2020 (148.47%) and drops in subsequent years.

Looking forward, the forecast suggests a continuous decline in production, with a forecasted CAGR of -17.95% from 2024 to 2028. Key trends to watch include the impact of technological advancements, regulatory changes, and shifts in global supply chains that could alter production dynamics.