In 2023, the import of silk yarn, excluding waste, stood at approximately 1.214 million kilograms. Forecasts indicate a steady decline in imports from 2024 through 2028, with values decreasing annually. Compared to 2023, the import volume is projected to decrease by roughly 3.3% in 2024. The subsequent years continue this downward trend, with an average annual decline (CAGR) of about 3.1% from 2024 to 2028.
Future trends to watch for include:
- Italy's sustainability initiatives potentially impacting silk import demand.
- Global economic factors affecting pricing and availability of raw silk.
- Technological advances in synthetic fabrics offering alternatives to silk.
