The sold production of concrete products for construction purposes in Italy has experienced fluctuating trends over the past decade with notable volatility. The period from 2013 to 2023 saw significant highs and lows, with notable dips in 2018 and 2020, followed by a sharp increase in 2021.
Year-on-year variation has highlighted substantial changes, such as a 112.53% increase in 2021 and a 42.95% decrease in 2022. Looking at the recent two-year trend, 2023 experienced a slight recovery with a 2.98% increase. Over the last five years ending in 2023, the CAGR stands at 2.91%.
Forecasted data from 2024 to 2028 predicts a gradual decline in production, with an average annual decline rate (CAGR) of -2.32% leading to an overall decrease of -11.06% by 2028.
Future trends to watch for include the impact of economic recovery, changes in construction demand, and advancements in green concrete technologies which could alter the production trajectory significantly.
