As of 2023, the import volume for machinery used in moulding or retreading pneumatic tyres or forming inner tubes of rubber or plastics to Italy was around 294 items. Between 2024 and 2028, forecasts predict a steady decline, with imports decreasing from 286 items in 2024 to 256 items in 2028. This illustrates a general downward trend with a year-on-year reduction rate ranging from 3.1% to 2.3%. The compound annual growth rate (CAGR) across the forecast period (2024-2028) indicates an average annual decrease of approximately 2.8%.
Future trends to watch:
- Technological advancements and increased automation in tyre manufacturing could reduce the demand for imported machinery.
- Changes in regulations related to sustainability may drive shifts in manufacturing practices and require different machinery capabilities.
- Economic fluctuations and trade policies could influence import activity over the forecast period.
