As of 2024, Italy's imports of woven carpets and other woven textile coverings are forecasted to continue declining. Starting from a volume of 6.33 million square meters in 2024, imports will decrease by 10.9% to 5.64 million square meters in 2025. This downward trend continues with a 12.1% drop in 2026, a 13.6% decline in 2027, and a significant 15.6% reduction in 2028, reaching 3.61 million square meters.
The compounded annual growth rate (CAGR) from 2024 to 2028 indicates a steady decline in import volumes, averaging a decrease of approximately 12.6% per year over these five years.
Future trends to watch for include:
- The impact of economic policies on trade flows and production costs.
- Potential shifts in consumer preferences towards sustainable or locally produced alternatives.
- Technological advancements in textile production affecting the competitive landscape.