The forecast for Italy's import of gold unwrought or in powder form for non-monetary use shows a continuous decline from 2024 to 2028, with volumes expected to decrease from 60.33 thousand kilograms in 2024 to 42.08 thousand kilograms by 2028. In 2023, actual imports were at 65.10 thousand kilograms, indicating an ongoing downward trend. The year-on-year decline is consistent, suggesting a weakening demand or possible strategic shifts in sourcing. The compound annual growth rate (CAGR) over this period reflects an average annual decrease.
Future trends to watch for include:
- Changes in global gold prices that could affect import volumes.
- Potential shifts towards other investment forms impacting demand.
- Italy’s economic policies influencing gold import regulations or tariffs.
