The forecast for Italy's import of unwrought nickel shows a declining trend from 2024 to 2028. The expected values decrease consistently year-on-year, indicating a reduction in import value over time. In 2023, which serves as the actual reference point before forecasts, the value was approximately higher than what is projected for 2024 and beyond. The year-on-year decline percentages are anticipated to be around 1% each year from 2024 to 2028, resulting in a compound annual growth rate (CAGR) reflecting an average decline over this period.

Key future trends to watch for include:

Global nickel market dynamics and price fluctuations influenced by supply-demand balance.
Technological advancements driving demand in sectors like battery production and electric vehicles.
Any changes in trade policies or agreements that could affect the import landscape.