Forecast: Import of Angles, Shapes and Sections of Iron or Non-Alloy Steel Cold-Formed or Cold-Finished and Further Worked to Italy

The import of angles, shapes, and sections of iron or non-alloy steel cold-formed or cold-finished and further worked to Italy is forecasted to decrease from 2024 to 2028. In 2023, the imports were higher than the 2024 figure of 511.14 thousand kilograms, indicating a downward trend starting this year. The annual year-on-year percentage decline is projected to be notable, from 12.43% in 2025, 14.03% in 2026, 16.19% in 2027, to 19.14% in 2028.

- In the last two years, the trend is a steady decline in volume.

- The CAGR over the 5-year period from 2024 to 2028 reveals a substantial average annual decrease, highlighting a declining demand or competitive pressures in the market.

Future trends to watch for include:

- Possible diversification in materials or technologies that could affect imports.

- Economic factors and market conditions in Italy that might reverse or slow down this decline.

- Policies or trade agreements affecting costs and availability of these imports.