In 2023, the market size volume for aluminium bars, rods, and profiles (excluding those prepared for use in structures) in Italy was 159.02 million kilograms. From 2024 to 2028, a consistent annual growth in volume is expected, starting at 165.46 million kilograms in 2024, reaching 192.36 million kilograms by 2028. The year-on-year growth rate averages at approximately 3.15% over this period, while the compound annual growth rate (CAGR) remains steady at around 3.15% from 2024 to 2028.
Future trends to watch include:
- Increasing demand for automotive lightweighting, driving up aluminium usage.
- The adaptation of greener production technologies due to environmental regulations.
- Potential impacts of geopolitical tensions and trade policies affecting raw material prices and availability.