In 2023, the re-import of waste of synthetic fibres to Italy was valued at a baseline, which is expected to rise steadily through 2028. Starting from 2024 at $20.73K, there is a consistent increase each year, reaching $22.36K by 2028. The forecast demonstrates a stable growth trend with year-on-year growth rates around 2%. The compounded annual growth rate (CAGR) over the next five years shows a moderate but steady increase each year.
Future trends to watch for:
- Potential policy changes related to recycling and waste management in the EU that could impact trade dynamics.
- Technological advancements in fibre recycling that may influence the supply and demand balance.
- Market volatility in raw synthetic materials that could affect the economics of waste re-import.