In 2023, the sold production of tubes and pipes with an external diameter less than 406.4 mm of steel (excluding stainless steel) in Italy was approximately 1.46 billion kilograms. The forecast from 2024 to 2028 shows a gradual increase, with values of 1.5243, 1.585, 1.6451, 1.7045, and 1.7634 billion kilograms respectively. Over this period, the year-on-year growth averages about 3.6%, indicating a steady upward trend.
Future trends to watch for include:
-Technological advancements in production methods which may enhance efficiency and quality.
-Potential shifts in demand driven by emerging markets and infrastructure projects.
-Impacts of regulatory changes and sustainability initiatives on material usage and production practices.
