In 2023, Italy's gypsum production stood at 11.58 million metric tons. The forecast data for the period from 2024 to 2028 shows a consistent upward trend in gypsum production. Expected growth starts in 2024 at 11.99 million metric tons, reaching 13.62 million metric tons by 2028. This represents year-on-year growth rates of approximately 3.5% in 2024, 3.5% in 2025, 3.3% in 2026, 3.2% in 2027, and 2.9% in 2028. The compound annual growth rate (CAGR) forecasted over five years is estimated to be around 3.28%.
Future trends to watch include technological advancements in production processes, environmental policies impacting mining practices, and variations in demand from the construction sector. Sustainability initiatives could also play a significant role in shaping the market dynamics. Furthermore, potential fluctuations in global commodity prices could influence production costs and profitability.
