In 2023, the sold production of casting services of spheroidal cast iron in Italy was estimated at 375.89 million kilograms. From 2024 onward, a steady growth is observed, with projections: 379.56 million kg in 2024, 383.37 in 2025, 387.13 in 2026, 390.87 in 2027, and 394.56 in 2028. This indicates a year-on-year growth of approximately 1% from 2024 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is anticipated at around 0.99%.
Future trends to watch include technological advancements in casting processes that could enhance efficiency and reduce costs. Additionally, fluctuations in raw material prices and shifts in demand dynamics within automotive and construction industries could influence production volumes.
