The import value of vessels and other floating structures for breaking up to Italy is forecasted to grow steadily from $8.9751 million in 2024 to $10.949 million in 2028. This represents a consistent year-on-year increase, with the annual growth rate accelerating each year.
Future trends to monitor include:
- Environmental regulations impacting the breaking up process.
- Fluctuations in global steel demand affecting scrap value.
- Innovation in recycling technologies that could change market dynamics.
