In 2023, Italy's import of nickel and nickel alloy bars, rods, profiles, and wires was X million kilograms. The forecast for 2024 is 8.245 million kilograms, suggesting a year-on-year increase in imports. Looking further, the forecast predicts continuous growth with imports reaching 9.5652 million kilograms by 2028. This indicates a Compound Annual Growth Rate (CAGR) over the period. The consistent increase reflects an upward trend in demand or reliance on nickel imports.
Future trends to watch for include global nickel price fluctuations, Italy's industrial demand particularly from the automotive and aerospace sectors, and potential trade regulations or supply chain shifts that could impact import volumes.
