Analysis of the turnover in the non-specialized wholesale trade sector in Italy from 2013 to 2023 shows a series of fluctuations. The actual turnover stood at 6.01 billion Euros in 2023, reflecting a year-on-year decrease of 2.14% and a negative CAGR of 3.09% over the past five years.
From 2013 to 2018, turnover exhibited a mixture of both declines and growth, peaking in 2018 at 7.03 billion Euros, after which a downward trend commenced. This trend was exacerbated by the impact of the COVID-19 pandemic, reflected in the significant drop observed in 2020.
Future trends to watch for:
- Continued decline forecasted from 2024 to 2028, with a five-year CAGR of -1.79%.
- Potential economic recovery post-pandemic and its impact on wholesale trade.
- Technological advancements and shifts in consumer behavior affecting non-specialized wholesale trade dynamics.