The import of shawls, scarves, and veils of silk to Germany shows a declining trend from 2024 to 2028, beginning at 72.16 thousand kilograms and decreasing to 38.53 thousand kilograms. In 2023, actual imports stood at approximately 80.0 thousand kilograms. The year-on-year analysis reveals a gradual decrease: 12% from 2024 to 2025, 13.4% from 2025 to 2026, 15.1% from 2026 to 2027, and 17.3% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 results in -13% per annum.
Future trends to watch for include:
- The impact of sustainable fashion trends influencing raw material use, potentially reducing silk imports.
- Economic policies in Germany that may alter trade dynamics.
- The influence of consumer preferences shifting towards synthetic or more affordable alternatives.
- Geopolitical developments affecting global supply chains and the silk trade.
