Forecast: Import of Flat-Rolled Products of Tool Steel or Alloy Steel Other than Stainless Steel of a Width More than 600 mm to Italy

In 2023, Italy's import of flat-rolled products of tool steel or alloy steel other than stainless steel was recorded at 152.79 million kilograms. The forecast for 2024 indicates a decrease of approximately 18.1%, continuing with a projected 23.5% drop in 2025, followed by 30.4% in 2026, 43.3% in 2027, and 75.5% in 2028. This results in a compound annual growth rate (CAGR) of -35.4% over the forecast period from 2024 to 2028.

Future trends to watch for:

• Technological advancements and manufacturing efficiencies in producing alloy steels could impact import volumes.
• Trade policies, tariffs, and international relations may further influence import dynamics.
• Italy’s internal demand shifts towards sustainable materials might reduce the need for such imports.