In 2024, Italy's import of unroasted iron pyrites is forecasted to reach approximately $3.91 million, with a year-on-year increase of 3.2% from the estimated $3.79 million in 2023. This upward trend is expected to continue with projected values of $4.04 million in 2025, $4.16 million in 2026, $4.28 million in 2027, and $4.40 million in 2028, reflecting a consistent annual growth rate. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 3.5%, indicating a steady increase in imports.
Future trends to watch for:
- Potential fluctuations in demand from the steel industry, which heavily relies on iron pyrites.
- Global market conditions affecting the price and availability of iron pyrites.
- Environmental policies in Italy and the EU regarding mining and imports of raw materials.
- Technological advancements that might impact the production and demand of iron pyrites.