In 2023, Italy imported approximately 37.217 million kilograms of tubes, pipes, and hollow profiles of cast iron. The forecast from 2024 to 2028 indicates a declining trend, with the import volume projected to decrease annually. Year-on-year changes reveal a steady reduction, with a decrease of 3.92% from 2024 to 2025, 4.01% from 2025 to 2026, 4.08% from 2026 to 2027, and 4.17% from 2027 to 2028, translating into a compound annual growth rate (CAGR) of -3.97% over the five years.
Future trends to monitor include:
- Potential shifts in Italy's domestic production capabilities.
- Changes in trade policies impacting imports.
- Technological advancements in local industries.
