The import of iron ores and concentrates to Italy was 5.23 Billion Kilograms in 2023. The forecasted values show a decline from 4.7505 Billion Kilograms in 2024 to 2.8857 Billion Kilograms in 2028.
- Year-on-year variations:
- From 2024 to 2025: -10.1%
- From 2025 to 2026: -11.1%
- From 2026 to 2027: -12.1%
- From 2027 to 2028: -13.5%
The Compound Annual Growth Rate (CAGR) over the forecasted five-year period is approximately -10.8%, indicating a steady decline in imports.
Future trends to watch for include potential shifts in global demand for iron ore, changes in domestic production capacities, and advancements in recycling technologies that can affect the dependency on imports.
