The import of agglomerated iron ore and concentrate to Italy is projected to decrease steadily from 2024 to 2028, with values declining from 833.21 million kilograms in 2024 to 52.153 million kilograms in 2028. This reflects a significant year-on-year reduction in import volumes. In 2023, the actual import volume was stable, which marked the end of a period before the anticipated decline. The compound annual growth rate (CAGR) over the forecasted five-year period indicates a stark downward trend in imports.
Future trends to watch for include shifts in global iron ore demand, changes in Italy’s domestic production capabilities, and potential policy adjustments towards sourcing or usage of alternative materials. Monitoring these factors can offer early signals for changes in import levels.
