Between 2013 and 2023, the production of ready-mixed concrete in Italy exhibited significant volatility. The production declined sharply between 2013 and 2014, dropping by nearly 17% and continuing to fall by almost 16% in 2014. Notable changes include an 8% rise in 2015, followed by a significant 31% decrease in 2018. The market rebounded in 2019 with a 30% growth and saw a remarkable increase in 2021 at almost 49%. By 2023, the production was at 124.85 billion kilograms, experiencing a 14% year-on-year growth, with a 15.64% compounded annual growth rate over the last five years.
Looking ahead, forecasts suggest a robust growth trend in the production of ready-mixed concrete in Italy. The production is expected to rise steadily, reaching 197.48 billion kilograms by 2028. The compounded annual growth rate over the next five years is projected at 7.17%, indicating a strong and sustained increase in demand.
Future trends to watch include the impact of construction industry regulations on production, technological advancements to improve efficiency, and potential shifts in domestic and international market demand that could influence future production volumes.