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