In 2023, Italy's production of gypsum and anhydrite was at 420 million kilograms. The forecast for 2024 predicts an increase to 450.73 million kilograms, marking a 7.3% year-on-year growth. The upward trend is anticipated to continue with projections showing 487.97 million kilograms in 2025, 524.83 in 2026, 561.32 in 2027, and 597.45 in 2028. Over this five-year period, the compound annual growth rate (CAGR) is estimated at 7.36%, illustrating a robust upward trajectory in production volumes.
Future trends to watch for include:
- The impact of technological advancements on production efficiency.
- Changes in construction and industrial demand influencing production rates.
- Environmental regulations and sustainability practices affecting industry operations.