Forecast: Re-Import of Coated Electrodes of Base Metal for Electric Arc-Welding to Italy

The re-import of coated electrodes of base metal for electric arc-welding to Italy has significantly decreased over the past five years, with volumes dropping from 916 kg in 2018 to 158 kg in 2022. The year-on-year variation highlights a continual downtrend, with an average decrease of approximately 30% each year over the last two years, and a compound annual growth rate (CAGR) reflecting a steady decline over this period. As of 2023, the import volume stood notably lower than in previous years.

Future trends to watch for include:

  • Changes in domestic production capacity could further influence re-import levels.
  • Potential shifts in global trade policies may impact import tariffs and costs.
  • Technological advancements in welding technology could alter raw material requirements.
  • Sustainability trends potentially encouraging the reduction of imports through local sourcing.

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