The forecast for the import of shingles and shakes of wood to Italy from 2024 to 2028 shows a steady growth in volume, with an increase from 8.908 to 10.537 million kilograms. This represents an annual average growth (CAGR) over the forecast period of approximately 4.27%. The year-on-year growth rate shows a consistent increase, with percentages ranging approximately from 4.7% to 3.9% as we approach 2028.
In 2023, the volume of imports stood at a level before this forecast period, which we assume was slightly below the 2024 mark of 8.908 million kilograms, indicating an ongoing upward trend.
Future trends to watch for:
- Fluctuations in global wood markets due to supply chain dynamics and geopolitical factors which could affect availability and pricing.
- Italy's domestic demand for eco-friendly building materials, potentially driving further growth or spurring alternative product imports.
- Regulatory impacts on construction materials and shifts towards sustainability targets could influence import volumes.