The import of iron or steel liquid fuel domestic appliances to Italy is forecasted to gradually increase from 85.32 thousand items in 2024 to 92.8 thousand items in 2028. In 2023, the imports stood at 83.5 thousand items, reflecting a steady growth trajectory. The year-on-year growth rate for 2024 is approximately 2.18%, followed by a slightly decreasing trend to 1.97% in 2025 and eventually slowing to 1.9% by 2028. The compound annual growth rate (CAGR) over the next five years is projected at around 2.12%.
Future trends to watch for include:
- A potential increase in demand driven by advancements in energy-efficient technologies.
- Shifts in consumer preferences towards more sustainable and environmentally friendly heating appliances.
- Economic factors such as changes in trade policies or fluctuations in steel prices that could impact import volumes.
