From 2024 to 2028, the forecast for imports of shuttle type power looms for weaving fabric of a width exceeding 30 cm to Germany shows a declining trend, starting from 297.22 thousand kilograms in 2024 to 221.62 thousand kilograms in 2028. The year-on-year percentage decrease accentuates the diminishing demand or possible substitution in technology. Notably, the compound annual growth rate (CAGR) indicates an average decrease of around 7% per annum over these five years.
Future trends to watch include technological advancements in weaving machinery that may lead to the adoption of more efficient looms, potentially reducing the demand for importing shuttle type power looms. Additionally, shifts in local textile manufacturing dynamics or policies could further impact these import patterns.
