As of 2024, the number of enterprises in the casting of non-ferrous metals sector in Italy is forecasted at 730. Compared to 2023, this reflects a slight decrease. The trend indicates a consistent decline over the coming years with projections of 714 in 2025, 698 in 2026, 683 in 2027, and 667 in 2028. This translates to a year-on-year decrease, starting from approximately 2.2% in the first year, suggesting a shrinking industry. Over the five-year period from 2024 to 2028, the CAGR is negative, emphasizing a gradual decline.
Future trends to watch for include:
- Potential technological advancements that might boost efficiency and reduce costs.
- Political and economic policies impacting manufacturing sectors.
- Global demand shifts as other countries evolve their non-ferrous casting capabilities.