In 2023, the sold production of hot-finished, seamless steel pipes (excluding stainless steel) in Italy stood at approximately 470 million kilograms. The forecasted data shows a steady increase, with projected production reaching 506.36 million kilograms in 2024, and continuing to grow annually to reach 668.53 million kilograms by 2028.
Year-on-year growth rates are consistent, with notable increments in each successive year: 8.12% from 2024 to 2025, 7.44% from 2025 to 2026, 6.84% from 2026 to 2027, and 6.35% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is approximately 7.11%.
Future trends to watch for include technological advancements in production processes, shifts in global demand for steel products, and potential impacts from policy changes concerning environmental and trade regulations within the European steel industry.
