The import volume of iron or steel self-tapping screws to Italy is forecasted to grow steadily from 2024 to 2028. In 2023, the import volume stood at 24.466 million kilograms. Year-on-year growth rates are projected as follows: 4.0% in 2025, 4.6% in 2026, 4.3% in 2027, and 4.1% in 2028, resulting in a five-year compound annual growth rate (CAGR) of approximately 4.3%.
Future trends to watch for include:
- Potential increases in domestic manufacturing capabilities impacting import demands.
- Shifts in global steel markets or trade policies influencing the supply chain.
- Technological advances leading to alternatives to traditional fastening methods.
