The production of dyes and pigments in Italy has experienced significant fluctuations between 2013 and 2023. The sector saw an initial rise from 2013 to 2017, peaking in 2017. Post-2017, there was a significant decline, with the lowest point in 2021, followed by a slight recovery toward 2023, where production stood at 344.33 million kilograms. Year-on-year, the industry has faced several sharp declines, most notably in 2018 and 2020, impacting its overall growth trajectory. The 2023 value reflects a marginal decrease of 0.8% from the previous year, indicating stabilization close to the 2013 levels.
Future trends to watch for include technological advancements in dye and pigment production, regulatory changes, and the adoption of sustainable practices. The forecasted continuous decline in production until 2028, with a CAGR of -4.76%, suggests that the industry might consolidate or innovate to counter the downward trend and remain competitive globally.
