In 2023, Italy's uranium and thorium imports were projected at 1.93 thousand metric tons. The forecasted volumes for 2024 to 2028 suggest a gradual increase, with an annual growth rate of approximately 1.5%. Specifically, from 2024 to 2025, imports rise by 1.5%, and between 2025 and 2026, the increase is again about 2.0%. For 2026 to 2027, the growth remains constant at 1.5%, and from 2027 to 2028, it also stays at 1.5%. The compound annual growth rate (CAGR) over the five-year forecast period stands at roughly 1.5%.
Future trends to watch for include:
- Potential shifts in global nuclear policy and energy strategies affecting import demands.
- Technological advancements or changes in regional energy frameworks impacting the need for uranium and thorium.
- Geopolitical developments influencing supply chains and market availability.
