In 2023, the sold production of iron or steel bridges and bridge-sections in Italy amounted to 232.15 million kilograms. From 2024 onwards, forecasted values exhibit a steady yearly increase, rising from 236.63 million kilograms in 2024 to 252.33 million kilograms in 2028. This reflects a consistent year-on-year growth of approximately 1.67% to 1.83%.
The Compound Annual Growth Rate (CAGR) for the 2024-2028 period is estimated to be around 1.65%, indicating a stable upward trend in production volume for the forecast period.
Future trends to watch for:
- Technological advancements in bridge construction and materials.
- Government infrastructure projects driving demand.
- Sustainability initiatives influencing production methods.