The import of non-monetary gold powder to Italy has seen a consistent decline from 2017 to 2021, dropping from 48 kilograms to 6 kilograms. This represents a significant decrease over the period. The last two years' year-on-year variations were steep, indicating an accelerating downward trend. The compound annual growth rate (CAGR) from 2017 to 2021 stands as a negative, reflecting the persistent decrease over the five-year period.
Future trends to watch for include:
- Potential stabilization or continued decline in imports based on economic and industrial demand.
- Market developments impacting gold as an industrial resource or investment commodity.
- Regulatory changes affecting gold import policies in Italy and the broader EU.
- Technological advancements that could alter demand dynamics in industries reliant on gold powder.