Forecast: Sold Production of Flat Glass in Italy

The sold production of flat glass in Italy experienced significant fluctuations from 2013 to 2023, with an overall decline followed by a sharp resurgence. In 2013, the production was valued at 244.52 million Euros and saw a gradual decrease until 2015, hitting a low of 148.52 million Euros. A recovery phase began in 2016, with substantial growth between 2019 and 2023, culminating at 1144.3 million Euros in 2023. The last two years saw an average growth rate of 21.5%, while the last 5-year CAGR reached 47.39%, indicating robust growth.

Future trends suggest a continued upward trajectory in flat glass production value, with a forecasted 5-year CAGR of 11.23% from 2024 to 2028. This is expected to result in a 70.27% growth rate over the period, potentially reaching 2376.3 million Euros by 2028. Factors to monitor include advances in glass technology, demand fluctuations in key industries, and economic impacts.

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