The import of shuttering for concrete constructional work of wood to Italy was valued at 21.988 million US dollars in 2023. Starting from 2024, there is a predicted decrease in these imports from 21.464 million to 19.649 million US dollars by 2028. Year-on-year, this translates to percentage decreases of approximately 2.2% from 2024 to 2025, 2.2% from 2025 to 2026, 2.2% from 2026 to 2027, and 2.2% from 2027 to 2028. The compound annual growth rate (CAGR) indicates an average annual decrease of about 2.2% over these five years.
Future trends to watch for include:
- Potential changes in EU trade policies affecting import regulations.
- Technological advancements in concrete construction methods that might reduce the dependency on wood shuttering.
- Economic factors impacting construction demand in Italy.