The forecast for Italy's import of pure aluminium rectangular plate, sheet, and strip from 2024 to 2028 shows a declining trend in value. Starting at 93.09 million USD in 2024, it is projected to decrease to 40.424 million USD by 2028. The 2023 import level, not specified here, would offer context to this trend, but the subsequent years reflect significant reductions annually.
The year-on-year forecasted declines are estimated at:
- 14.56% from 2024 to 2025
- 16.71% from 2025 to 2026
- 19.69% from 2026 to 2027
- 24.01% from 2027 to 2028
The forecasted Compound Annual Growth Rate (CAGR) over the five-year period is approximately -18.52%, indicating a substantial average annual decrease.
Future trends to watch include developments in the aluminium market, which could impact supply and demand, potential shifts in manufacturing practices, and policy changes affecting trade. Monitoring these factors could provide insights into the trajectory of Italy's aluminium imports beyond 2028.
