Forecast: Production in Manufacture of Cement, Lime and Plaster Sector in Italy

The Italian manufacture of cement, lime, and plaster sector has experienced fluctuating trends from 2013 to 2023, with production value standing at 2.02 billion Euros in 2023. The sector saw a significant decline from 2013 to 2016, followed by a modest recovery from 2017 to 2019. However, starting in 2020, production values have trended downward again, with a compound annual growth rate (CAGR) of -5.28% from 2018 to 2023.

Year-over-year variations for the past two years show a continued decrease:

  • -4.98% in 2022
  • -5.19% in 2023
Future forecasts predict further declines, with production expected to drop to 1.48 billion Euros by 2028, representing an anticipated average annual decline (CAGR) of -4.94% over the next five years.

Key trends to watch for include:

  • Shifts towards alternative construction materials reducing demand for traditional cement, lime, and plaster.
  • Technological advancements and increases in sustainability practices within production processes.
  • Impact of economic conditions and infrastructure spending on the sector.

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