In 2023, the turnover in the casting of iron and steel sector in Italy stood at approximately 1.73 billion Euros. Forecasts for 2024 to 2028 show a steady year-on-year decline in turnover from 1.67 billion Euros in 2024 to 1.44 billion Euros in 2028. This reflects an average annual decrease (CAGR) of about 3.45% over the five-year period.
Future trends to watch for include:
- Increased focus on sustainable and environmentally friendly casting practices.
- Technological advancements affecting production efficiency and cost structure.
- Global supply chain dynamics influencing demand and pricing strategies.
