Forecast: Import of Degreased Shorn Wool to Italy

In 2023, Italy's import of degreased shorn wool stood at a significant level. The forecast from 2024 to 2028 indicates a declining trend in import values, with a steady year-on-year decrease of approximately 8-10%, reflecting a shift in market dynamics. This trend translates into a compound annual growth rate (CAGR) revealing consistent contraction over the five-year forecast period.

Key future trends to watch include:

  • Potential shifts in Italy's domestic textile production affecting wool demand.
  • Global economic conditions influencing international trade policies.
  • Developments in sustainable or alternative materials impacting wool consumption.

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