The import of Coir Yarn to Italy is forecasted to decline significantly from 422.18 thousand kilograms in 2024 to 189.78 thousand kilograms by 2028. This downward trend represents a consistent decrease year-over-year, with an approximate average annual decline of 14.8% (CAGR) over the five-year period. In 2023, the actual volume was higher, indicating a strong downturn in demand or shifts toward alternative materials.
Future trends to watch for include:
- Potential advancements in alternative sustainable yarns affecting Coir demand.
- Changes in environmental regulations influencing import levels.
- Fluctuations in global supply chains impacting availability and pricing.