In 2023, the import of parts and accessories for gas, liquid, and electricity meters to Italy was significantly lower than the 2024 forecast of 99.1 thousand USD. The projected data shows a declining trend through to 2028 with a 13%-15% average year-on-year decrease. From 2024 to 2028, the compound annual growth rate (CAGR) is expected to be negative, indicating consistent reduction in re-imports.
Future trends to watch for:
- Technological advancements in smart metering solutions might reduce reliance on imported parts.
- Policy changes in energy efficiency and resource management impacting meter accessory demand.
- Potential shifts in global supply chains affecting import-export dynamics and costs.