In 2023, the import of coir yarn to Germany stood at an estimated value unreported here. From 2024 onward, the projected values show a significant declining trend in imports, starting at 334.46 thousand USD in 2024 and dropping dramatically each subsequent year until reaching 101.94 thousand USD by 2028. This represents a serious contraction in coir yarn imports.
- 2024 to 2025: -17.9% (forecasted)
- 2025 to 2026: -21.4% (forecasted)
- 2026 to 2027: -26.7% (forecasted)
- 2027 to 2028: -35.6% (forecasted)
Long-term, the compound annual growth rate (CAGR) from 2024 to 2028 is anticipated to be significantly negative, highlighting a sustained reduction in coir yarn imports.
Future trends to watch for include changes in eco-friendly product demand, which might reverse or impact this declining import trend. Additionally, the development of synthetic alternatives or changes in trade policies might further influence these forecasts.
