In 2023, the actual sold production of precision tubes and pipes with a circular cross-section, welded, of an external diameter less than 406.4 mm of steel other than stainless steel in Italy stood at 1.6276 billion euros. The forecasted values indicate a steady year-on-year increase from 2024 to 2028, starting at 1.6442 billion euros in 2024 and reaching 1.7369 billion euros in 2028. The Compound Annual Growth Rate (CAGR) over this period is expected to be approximately 1.37%, indicating moderate growth.

Future trends to watch for include:

Technological advancements in welding techniques and materials that may influence production efficiency and costs.
Potential fluctuations in steel prices, impacting production expenses and final product pricing.
Global demand shifts due to economic changes or increased competition from alternative materials and technologies.