In 2023, the production value of steel tubes and pipes, of non-circular cross-section, welded with an external diameter of less than 406.4 mm in Italy stood at 1.55 billion Euros. Forecasts for the subsequent years show a steady increase in production value, with a 1.89% year-on-year growth expected from 2024 to 2025, and continuing with a 1.86% increase annually. The compound annual growth rate (CAGR) over the period from 2024 to 2028 is projected to be approximately 1.80%, indicating a positive trend in production value.

Future trends to watch for include:

Technological advancements in manufacturing processes could enhance efficiency and reduce costs.
Global economic conditions and trade policies may influence demand and production capacity.
Environmental regulations might drive innovations in production methods.