The forecast of re-imports of carded or combed wool and fine or coarse animal hair to Italy indicates a consistent annual decline from 2024 to 2028. In 2023, preceding this forecast, the re-imports stood higher than the subsequent annual decreases projected. From 2024 to 2028, a steady downward trend is forecasted with annual values declining year-on-year. The compound annual growth rate (CAGR) will reflect a gradual decrease over five years, indicating a contraction in re-import activity.
Future trends to watch for include:
- Potential changes in global wool supply dynamics and market preferences.
- Impacts from technological advancements in textile production.
- Evolving trade policies and tariffs affecting import costs and demand.
