In 2023, the actual re-import volume of plate, sheet, strip of copper-zinc alloy in coils to Italy stood at a higher level compared to future projections. Forecast data from 2024 to 2028 reveals a consistent year-on-year decrease in volume, with a notable decline of approximately 50% over the five-year period. The compound annual growth rate (CAGR) further highlights a downward trend, with an average yearly decline evident through 2028. It's indicative of diminishing demand or shifts in supply chain dynamics for this specific import category.
Future trends to watch for:
- Potential changes in global copper-zinc alloy supply and demand.
- Impact of Italy's industrial policy or economic conditions on re-import trends.
- Technological advancements affecting the need for such materials in manufacturing.
- Potential emergence of alternative materials reducing dependence on copper-zinc alloys.
