Forecast: Cotton Domestic Consumption in Italy

The domestic consumption of cotton in Italy, expressed in thousand units (480 lb. Bales), stood at 136.0 in 2023. Forecasted values indicate a steady increase over the next five years: 137.0 in 2024, 138.0 in 2025, 140.0 in 2026, 141.0 in 2027, and 143.0 in 2028.

Year-over-year variations from 2024 to 2028 are as follows:

  • 2024: 0.73%
  • 2025: 0.73%
  • 2026: 1.45%
  • 2027: 0.71%
  • 2028: 1.42%

The Compound Annual Growth Rate (CAGR) over the period from 2024 to 2028 is approximately 1.01%.

Future trends to watch for:

  • Global economic conditions influencing consumer demand for cotton-based products.
  • Technological advancements and efficiency improvements in cotton production and supply chain.
  • Potential impacts of sustainability trends on cotton consumption and alternatives usage.

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