In 2023, the sold production of millstones, grindstones, and grinding wheels without frameworks, made from agglomerated synthetic or natural diamonds in Italy, stood at 2.885 million kilograms. The forecast from 2024 to 2028 shows a steady upward trend, increasing from 2.9004 million kilograms in 2024 to 2.9669 million kilograms by 2028. Year-on-year growth from 2024 to 2025 is 0.58%, and from 2027 to 2028 is 0.56%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is projected to be 0.57%.
Future trends to watch for include:
- Technological advancements in diamond tooling and its production efficiency.
- Demand shifts driven by Italy’s industrial sector performance.
- Impact of global economic conditions and trade policies on export potential.