The sold production of cotton woven fabrics in Italy has shown significant fluctuations over the years. Starting from 2.1817 billion Euros in 2013, it reached a low of 1.2934 billion Euros in 2020 due to a sharp 42.29% decline. However, it recovered to 2.0241 billion Euros by 2021, an impressive 56.49% increase. The year-on-year variation for 2022 was -4.74%, and it rose to 2.0878 billion Euros in 2023, marking an 8.28% increase.
The forecast for the coming years indicates a gradual decline, with a slight negative CAGR of -0.7% expected by 2028. By this year, production is forecasted to decrease to 1.9977 billion Euros.
Future trends to watch for include potential impacts of technological advancements in textile manufacturing, changes in global demand, sustainability trends, and shifts in trade policies. Monitoring these factors will be crucial for anticipating and adapting to market changes.
