In 2023, Italy’s import of moulds for mineral materials stood at an estimated 2.6 million USD. From 2024 to 2028, the import value is forecasted to decrease progressively. The year-on-year decrease predicts a decline in imports of about 3.78% for the next four years, with a compound annual growth rate (CAGR) of approximately -3.9%. These figures point to a gradual but steady reduction in import volumes.
Future trends to watch for include:
- Shifts in local production capabilities that might drive import reduction further.
- Potential impacts of economic policies and geopolitical factors on trade relationships.
- Technological advancements that could alter manufacturing processes and reduce the dependency on imported moulds.