In 2023, Italy imported 1,078 items of centrifugal pumps with a discharge outlet diameter more than 15 mm, single-stage with double entry impeller. Forecasts for 2024 through 2028 indicate a declining trend in imports, with values projected to drop from 950 items in 2024 to 448 items by 2028.
Key variations to note are:
- -12.2% YoY decline from 2024 to 2025
- -15.4% YoY decline from 2025 to 2026
- -17.8% YoY decline from 2026 to 2027
- -21.7% YoY decline from 2027 to 2028
- CAGR over these five years is approximately -16.0%
Future trends to watch include technological advancements in pump efficiency, shifts in industrial requirements, and changes in trade policies that may affect import volumes. The continued focus on sustainable energy solutions could also influence demand dynamics in the Italian market.
