The import of aluminium alloys wire of a thickness exceeding 7 mm to Italy is projected to increase steadily from 2024 through 2028. In 2023, the volume stood at approximately 17.3 million kilograms. Year-on-year growth is expected, with increases of about 1.9% in 2025, 1.8% in 2026, 1.73% in 2027, and 1.66% in 2028. This results in a forecasted compound annual growth rate (CAGR) of approximately 1.75% over these five years.
Future trends to watch for include:
- Global economic conditions impacting aluminium demand and import prices.
- Technological advancements in the aluminium industry.
- Italy’s domestic production capacity developments.
- Shifts in international trade policies affecting import activities.
