As of 2023, the sold production of aluminium plates, sheets, and strips in Italy stood at approximately 20 million kilograms. Forecasts indicate a consistent decline over the next years: 18.498 million kilograms in 2024, decreasing further to 12.013 million by 2028. The year-on-year percentage changes reveal a downward trajectory, with approximate annual declines: 8.9% from 2024 to 2025, 9.7% from 2025 to 2026, 10.6% from 2026 to 2027, and 11.7% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 shows a contraction, averaging a negative growth rate of about 9% per year.
Future trends to watch for:
- Potential shifts in global aluminium demand due to technological advancements or increased adoption of alternative materials.
- Impact of environmental regulations on aluminium production processes and outputs.
- Economic factors influencing manufacturing and construction sectors, which are key consumers of aluminium products.