The import of polyester yarn mixed mainly or solely with cotton to Italy is forecasted to decline slightly from 2024 to 2028, from $10.532 million in 2024 to $10.203 million in 2028. This indicates a consistent yet mild decrease in imports each year. In 2023, imports stood at $10.610 million. The overall year-on-year decline from 2024 onwards is approximately 0.78%. Over a five-year horizon, the compound annual growth rate (CAGR) amounts to approximately -0.78%.
Future trends to watch for:
- Sustainability trends prompting shifts in fabric preference, impacting imports.
- Global economic fluctuations affecting raw material prices and demand.
- Technological advancements in textile production potentially influencing import levels.