The import value of nickel alloy plates, sheets, strips, and foils to Italy is forecasted to rise steadily from 2024 to 2028, from $79.352 million to $80.658 million. This reflects a modest but consistent annual growth rate. In 2023, the import value stood at $79 million, indicating a stable market. Year-on-year variation shows marginal increases: 0.43% in 2025, 0.41% in 2026, 0.40% in 2027, and 0.39% in 2028. The Compound Annual Growth Rate (CAGR) over these five years is projected around 0.41%.
Future trends to watch include:
- Potential economic influences such as changes in global supply chains and trade policies.
- The impact of technology on production and its possible effects on import demand.
- Emerging alternative materials that may affect demand for nickel alloys.
