The import of densified wood to Italy is forecasted to decrease steadily over the next five years. From 2024 to 2028, the import value declines from 6.9069 million USD to 4.9329 million USD. This represents a decreasing trend with substantial year-on-year reductions, indicating shrinking demand or increased local production or sourcing from alternative markets. The 5-year compound annual growth rate (CAGR) is negative, reflecting an average annual decline over the forecasted period.
Future trends to watch for include the impact of sustainability initiatives, changes in trade policies, and advancements in domestic densified wood technology that may influence Italy's import needs. Demand fluctuations in related industries like construction could also affect future import levels.
