The production of cotton yarn in Italy has shown significant fluctuations over the past decade. In 2013, there was a dramatic decline of 44.21%, followed by further decreases in 2014 and 2015. A substantial recovery began in 2016 with a 66.36% rise, although this was followed by a modest 10.56% drop in 2017. The period from 2018 onwards has generally seen more positive trends, with significant year-on-year growth in 2018 and 2019, although 2020 saw a large decline due to adverse conditions. The industry rebounded again in 2021 and 2022 with growth rates of 30.26% and 18.67%, respectively. In 2023, production stood at 153.3 million kilograms, marking a 10.75% increase from the previous year. Over this entire period, the compound annual growth rate (CAGR) over the last five years reached 6.38%.
Future forecasts project continued growth with an expected CAGR of 1.49% from 2024 to 2028, leading to a growth rate of 7.69% during this period.
Future trends to watch for include advancements in cotton cultivation technologies, shifts in global demand for textiles, and the impact of sustainability practices in the cotton production industry. Monitoring these factors will be crucial for understanding potential changes in production volumes and market dynamics.
