Forecast: Share in Total Domestic Material Consumption of Metals in Italy

The forecasted share of metals in Italy's total domestic material consumption from 2024 to 2028 indicates a gradual decline. From a 2024 forecast of 2.78, the projection slightly decreases each subsequent year, reaching 2.7 in 2028. Although specific data for 2023 is unavailable, this trend suggests a modest reduction in metals consumption's share over the five-year period. Year-on-year percentage changes show a consistent decline of roughly 0.72% per year, with a compound annual growth rate (CAGR) reflecting this subtle downward trend.

Future trends to watch for include potential impacts from technological advancements in material efficiency, shifts toward sustainable practices, and changes in industrial demand that might either accelerate the decline or stabilize the share of metals in domestic material consumption. Monitoring policy developments and market shifts will be crucial for anticipating future changes in this sector.

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