Forecast: Production in Wholesale of Metals and Metal Ores Sector in Italy

The wholesale of metals and metal ores sector in Italy has experienced significant volatility from 2013 to 2023. Values peaked notably in 2020 at €6.56 billion but showed a sharp decline thereafter, reaching €2.41 billion in 2023. This decline represents a -6.16% year-on-year variation from 2022. The compound annual growth rate (CAGR) over the past five years is -7.21%, indicating an ongoing downward trend.

Forecasted data from 2024 to 2028 suggest a continuous decline, with production anticipated to fall to €1.65 billion by 2028. Over the forecast period, the expected CAGR is -6.13%, translating to a cumulative decline of -27.11% over five years.

Key future trends to watch for:

- Innovations in metal recycling and sustainable production methods

- Economic recovery factors post-pandemic

- Market demand from manufacturing and construction sectors

- Geopolitical dynamics affecting trade and supply chains

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