The forecasted sold production of jute and other textile fibers processed but not spun in Italy shows a steady increase over the period from 2024 to 2028. The value in 2023 stood at approximately 2.272 million euros. Year-on-year variations reveal modest growth, with increases as follows: from 2024 to 2025 by approximately 1.85%, from 2025 to 2026 by about 1.80%, from 2026 to 2027 by 1.75%, and from 2027 to 2028 by approximately 1.71%. The Compound Annual Growth Rate (CAGR) over these five forecasted years is around 1.78%, indicating a consistent and gradual upward trend.
Future trends to watch for include potential impacts from sustainability initiatives, changes in global textile demand, and advancements in processing technology. These factors could either enhance this growth trajectory or introduce volatility in the market dynamics.
