From 2024, Italy's import of wool tops and other combed wool is projected to decline steadily from 17.128 million kilograms in 2024 to 13.322 million kilograms by 2028. This forecast indicates an annual decrease, with a year-on-year reduction of approximately 5.7% from 2024 to 2025, gradually declining to around 6.5% by 2028. The compound annual growth rate (CAGR) over these forecasted years is negative, emphasizing the downward trend.
In 2023, the actual imports stood at 18.0 million kilograms, underscoring a pre-existed downward trajectory.
- Monitor global wool market dynamics, such as supply disruptions or alternative materials gaining popularity.
- Keep an eye on changes in Italy's textile industry demands or shifts in fashion trends affecting wool usage.
