The import of woven pile carpet of wool or hair, not made up to Italy is forecasted to significantly decline from 2024 to 2028, where it stood at 83.13 thousand kilograms in 2024 and is expected to decrease to a mere 3.32 thousand kilograms by 2028. This represents a striking drop, characterized by a consistent negative year-on-year variation.
Key trends indicate:
- From 2024 to 2025, there is a decrease of approximately 24.7%.
- From 2025 to 2026, the decline continues with a 32.2% reduction.
- From 2026 to 2027, imports are forecasted to drop further by 46.5%.
- A drastic reduction in 2028, representing an 85.4% drop from the previous year.
Overall, the five-year compound annual growth rate (CAGR) suggests a substantial downward trend, reflecting a more than 90% decline from the initial level of 83.13 thousand kilograms in 2024. Given the data, stakeholders should monitor economic conditions, potential changes in trade policies, and shifts in consumer preferences that might influence these forecasts. Additionally, it will be crucial to track any changes in supply chain dynamics and technological advancements that could impact the production and distribution of these carpets.
