In 2023, the import of parts of semiconductor devices and similar devices to Italy stood at 22.22 million USD. The data from the previous years show significant fluctuations. Particularly, from 2013 to 2023, the value experienced a notable decline, influenced by a significant dip in 2016 (-26.35 Y-o-Y). Growth moments were seen in 2017 and 2018 with 32.01% and 14.45% Y-o-Y respectively. However, a declining trend has been observed from 2020 onwards, continuing through 2023 (-3.17%). Over the past two years, the imports decreased by 3.13% in 2022 and 3.17% in 2023. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 stands at -4.46%.
Looking ahead, the forecast data from 2024 to 2028 suggests a consistent decline, with a five-year forecast CAGR of -2.97%, culminating in a 13.99% reduction by 2028. Factors to consider for future trends include the global semiconductor supply chain's developments, technological advancements, market demand fluctuations, and geopolitical impacts on trade policies.
