In 2023, Italy's import of aluminium waste or scrap was valued at $941 million. The forecast for 2024 to 2028 shows a consistent upward trend, with imports increasing annually. Year-on-year variations indicate steady growth, reflecting ongoing demand and potential industrial use expansions. From 2024 to 2028, the compound annual growth rate (CAGR) is forecasted to be approximately 2.03%, suggesting a stable rise in imports.
Future trends to watch for:
- Sustainability initiatives and recycling improvements could further increase the demand for aluminium waste or scrap.
- Volatility in global aluminium prices and supply chain changes may impact import dynamics.
- Regulatory shifts in Europe regarding waste imports could impact Italy’s import volumes.