The production of slate in Italy is projected to grow steadily from 2024 to 2028, with values increasing from 54.634 million kilograms to 64.54 million kilograms. Assuming a similar level of production in 2023 as in 2024, we note the following forecasted year-on-year growth rates: 4.6% in 2025, 4.4% in 2026, 4.1% in 2027, and 3.9% in 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is calculated at approximately 4.0%, indicating a stable upward trend in slate production.
Future trends to watch for include:
- Potential impact on production from advancements in quarrying technologies.
- Market demand shifts due to changes in construction and infrastructure projects.
- Environmental regulations that may affect slate extraction methods.
- Evolving trade policies impacting the export potential of slate products.