The import of silicon-electrical steel flat rolled products of width exceeding 600 mm to Italy is projected to experience a gradual decline from 446.9 million kilograms in 2024 to 422.42 million kilograms in 2028. In 2023, the actual import volume stood at 453 million kilograms, indicating a year-on-year decrease beginning in 2024. The compound annual growth rate (CAGR) over this period is negative, suggesting a steady drop in imports as demand or supply factors change.

Future trends to watch for include:

Shifts in global trade policies impacting European steel imports.
Technological advancements boosting the efficiency of local production.
Increasing adoption of alternative materials in industries traditionally using silicon-electrical steel.
Potential changes in environmental regulations impacting the production and use of electric steel.