In 2023, the import of merely cut granite to Italy stood at a certain point, setting a reference level for the subsequent forecasted values. From 2024 to 2028, the import value experiences a continuous decline from 2.9746 Million US Dollars to 0.88659 Million US Dollars. This trend equates to a significant year-on-year reduction, showcasing a downward trajectory in demand or import activities. The compound annual growth rate (CAGR) for this period suggests an average decline annually.
Future trends to watch for:
- Potential shifts in domestic production may affect import values.
- Changes in construction and infrastructure projects could impact granite demand.
- Global economic conditions and trade policies might influence import volumes.