The forecasted import of glass fibres, glass wool and articles to Italy shows a steady increase in volume from 8.90 million kilograms in 2024 to 9.44 million kilograms in 2028. The year-on-year growth highlights an incremental and stable trend, averaging around 2% per annum, with forecasts suggesting a consistent rise in import quantities. In 2023, the actual import was slightly lower, underpinning a modest but positive growth trajectory. The projected Compound Annual Growth Rate (CAGR) over the next five years further solidifies a sustained upward trajectory.
Future trends to watch include:
- Technological advancements in materials leading to enhanced product applications.
- Policies impacting environmental standards, influencing demand for insulation materials.
- Market fluctuations affected by global supply chain dynamics and trade policies.
