In Italy, the forecast for the production of precision tubes and pipes made from cold-drawn or cold-rolled, seamless steel (excluding stainless steel) shows a consistent upward trajectory from 2024 to 2028. From a value of 243.16 million euros in 2024, it is expected to grow to 325.16 million euros by 2028. This indicates a positive trend with year-on-year growth averaging around 6.1%. The last reported data from 2023 showed a value of approximately 230 million euros, suggesting a robust recovery and expansion potential in the sector.

Future trends to watch include:

Increased demand from the automotive and energy sectors, leveraging sustainable practices.
Innovation in material science potentially driving efficiency in production and cost reductions.
Potential impact of global trade policies and economic fluctuations on production and export capabilities.