The forecasted import of compounds of rare-earth metals, including yttrium or scandium, to Italy demonstrates a declining trend from 2024 through 2028. Starting at 279.84 thousand kilograms in 2024, the volume decreases yearly, reaching 175.46 thousand kilograms by 2028. The year-on-year percentage variation highlights a consistent decline, with the Compound Annual Growth Rate (CAGR) over these years indicating a significant reduction in import volume.
Future trends to watch for include:
- Potential shifts in global demand for rare-earth metals influencing supply chain dynamics.
- Technological advancements in substitution materials or methods reducing dependency on these imports.
- Policy changes at the European Union level impacting import regulations and tariffs.