In 2023, Italy's import of waste and scrap of cast iron was valued at approximately 16.7 million US dollars. The forecasted data from 2024 to 2028 indicate a gradual decline in imports, with values decreasing from 16.389 million US dollars in 2024 to 15.162 million US dollars in 2028. This represents an overall negative trend in the import of waste and scrap of cast iron to Italy over the specified period.
Analyzing year-on-year variations:
- 2025 sees a decrease of roughly 1.93% compared to 2024.
- 2026 shows a decrease of approximately 1.93% from 2025 levels.
- 2027 records a further decline of around 1.93% relative to 2026.
- 2028 continues the trend with an anticipated decrease of about 1.92% from 2027.
The five-year compound annual growth rate (CAGR) highlights a consistent annual decrease of around 1.96% in import values.
Future trends to watch for include potential shifts in global demand and supply dynamics for metal scraps, evolving recycling technologies, and Italy's environmental policies, which could influence both import volumes and values.
