The forecasted sold production of ceramic statuettes and other ornamental articles in Italy for 2024 stands at 54.588 million euros. This figure shows a decline over the next four years, with values decreasing to 52.759 million euros by 2028. Compared to the value in 2023, which was 55.075 million euros, the forecast signifies a gradual reduction.
Year-on-year percentage changes indicate a consistent decreasing trend:
- 2024: -0.88% (compared to 2023)
- 2025: -0.85%
- 2026: -0.85%
- 2027: -0.85%
- 2028: -0.85%
Over the last two years, the market has experienced similar small declines, while the Compound Annual Growth Rate (CAGR) over the last five years reveals an average annual decrease of 0.85%.
Future trends to watch include potential shifts in consumer preferences towards more sustainable and locally-produced goods, technological advancements in ceramic production, and economic factors that might influence disposable income and spending on ornamental items.
