The gross investment in the manufacture of structural metal products sector in Italy has experienced significant volatility over the past decade. From 2013 to 2016, the sector saw fluctuations, with a notable 30.1% increase in 2016. This positive trend continued, culminating in an impressive 48.75% growth in 2018. Post-2019, the sector faced a sharp decline in 2020 with a 36.89% decrease, followed by a recovery in subsequent years, reaching 728.9 million euros in 2023, a 3.58% year-on-year increase.
Over the last two years, the average annual growth rate (CAGR) stands at approximately -1.64%. However, looking ahead from 2024 onwards, the sector is projected to gradually decline, with a forecasted 5-year CAGR of -3.67%, indicating a 17.04% total decrease by 2028.
Future trends to watch for in this sector include:
- The impact of economic policies on industrial investment.
- Technological advancements and their adoption within the sector.
- Global market demand and supply chain dynamics post-pandemic.
