In 2023, Italy's import of aluminium alloy bars, rods, profiles, and hollow profiles stood at 75.7 million kilograms. The forecast from 2024 to 2028 indicates a consistent growth, with an expected compound annual growth rate (CAGR) of approximately 1.8% over these five years.
From 2024 to 2025, an increase of 1.8% is anticipated, continuing with a similar growth pattern in subsequent years, culminating in 82.539 million kilograms by 2028. This continuous growth suggests steady demand in Italy for these aluminium products.
Future Trends to Watch for:
- Fluctuations in raw material prices and their impact on import levels.
- Policy changes in trade agreements affecting import duties.
- Technological advancements driving demand in key sectors such as transportation and construction.
- Economic factors like GDP growth and industrial activity in Italy influencing import volumes.