The production of synthetic staple fibres in Italy saw significant fluctuations from 2013 to 2023, marked by steep declines and occasional rebounds. Actual production fell from 244.64 million kg in 2013 to 63.958 million kg in 2023. The data reveals a marked downturn in production, with dramatic year-on-year declines such as 56.15% in 2018 and 31.54% in 2020, along with notable rebounds like 72.96% in 2021. The latest two years witnessed relative stabilization, with a slight decline of 0.66% in 2023 compared to 2022.
The future trend projects a continuing downward trajectory. The forecasted data from 2024 to 2028 indicates an average annual reduction in production, with the Compound Annual Growth Rate (CAGR) forecasted at -7.16%. By 2028, the production is expected to decline by 31.04% from 2023 levels.
Future trends to monitor include innovation in textile technologies that could influence production levels, shifts in global demand for synthetic fibres, and environmental regulations possibly impacting synthetic fibre manufacturing processes.
