The sub-central government procurement in Italy is forecasted to experience a steady increase from 2024 to 2028, starting at 229.35 billion US dollars PPP in 2024 and reaching 239.09 billion by 2028. This upward trend indicates a gradual year-on-year growth across this period. Although the specific actual value for 2023 is not provided, the consistent rise from 2024 points to a stable demand.
- From 2024 to 2025, the procurement is expected to grow by 1.08%.
- From 2025 to 2026, it will increase by 1.05%.
- From 2026 to 2027, the increase is forecasted at 1.03%.
- From 2027 to 2028, the expected growth is 1.01%.
- Over the five-year period, the compound annual growth rate (CAGR) averages around 1.04% annually.
For future trends, monitoring changes in public policy, fiscal adjustments due to economic conditions, and shifts in EU funding allocation will be crucial as these factors can substantially affect procurement patterns. Additionally, technological advancements and environmental considerations may drive innovative procurement practices and strategies.
