The import volume of hot- or cold-formed and welded steel tubes and pipes with a wall thickness less than 2 mm to Italy is forecasted to grow steadily. From 2024 to 2028, there is a year-on-year increase in volume, starting from 7.72 million kilograms in 2024 to 9.99 million kilograms in 2028. Compared to actual data from 2023, there is an expected consistent upward trend. The Compound Annual Growth Rate (CAGR) over the forecast period reflects moderate growth, showcasing industry resilience and increased demand.
Future trends to watch for include:
- Fluctuations in global steel prices impacting import costs.
- Changes in trade policies affecting non-EU imports to Italy.
- Increasing demand from key sectors such as construction and automotive driving import volumes.
- Technological advancements in manufacturing and welding processes enhancing quality and competitiveness.