The forecast data for sold production of granite, sandstone, and other ornamental or building stone in Italy shows a consistent decline from 2024 through 2028. Starting at 1.0352 billion kilograms in 2024, the production value decreases each subsequent year to 0.53065 billion kilograms by 2028. Comparing to the actual volume in 2023 before the forecasted drop, it reflects this sector's downturn.
Year-on-year trends demonstrate a reduction with significant decreases observed annually. With a Compound Annual Growth Rate (CAGR) highlighting a considerable average yearly downturn over the five-year forecast period, this trend indicates a shrinking market.
Future trends to watch for include changes in construction demand, technological advancements in stone extraction, and global economic conditions influencing raw material needs and environmental regulations. These factors will be crucial in determining whether this decline stabilizes or accelerates in the subsequent years.
