The import of Nickel Alloy Plates, Sheet, Strip, and Foil to Italy is projected to see a consistent upward trend from 2024 to 2028, with an average annual growth of nearly 0.05 million kilograms observed each year. This marks a continuous increase from the actual data available up to 2023. Notably, from 2024 to 2025, the year-on-year growth is expected to be approximately 1.3%, and this trend of gradual increases suggests sustained demand. The Compound Annual Growth Rate (CAGR) over these five years is expected to reflect this stable, incremental rise.

Future trends to watch:

Global market fluctuations in nickel prices could impact import volumes.
Technological advancements and shifts to alternatives in industries using nickel alloys.
Trade policies between Italy and key nickel-producing countries may also affect future import volumes.