In 2023, the sold production of woven fabrics of synthetic staple fibres mixed mainly or solely with combed wool or fine animal hair in Italy was approximately 49.089 million euros. Forecasts for 2024 show a decrease to 48.388 million euros, indicating a year-on-year decline of roughly 1.4%. The outlook for subsequent years continues this downward trend, with a forecasted drop to 45.643 million euros by 2028. Over the five-year period, this represents a compound annual growth rate (CAGR) of approximately -1.5%.
Future trends to watch for include the impact of sustainable production practices on costs, potential shifts in consumer demand towards synthetic or natural fibres, and economic conditions in key export markets affecting overall production and profitability in this sector.
