The import of rubberised textile fabrics to Italy is forecasted to decline from 2.6881 million kilograms in 2024 to 1.433 million kilograms in 2028. In 2023, imports stood at 3 million kilograms. The year-on-year decrease from 2023 to 2024 is approximately 10.4%, followed by further declines averaging around 11.5% per annum through 2028. This trend points towards a significant reduction in import volumes over the next five years, with a compound annual growth rate (CAGR) of -16% from 2024 to 2028.
Future trends to watch for include:
- Shifts in global supply chains impacting Italian imports.
- Changes in domestic production of rubberised textiles which may influence import needs.
- Potential regulatory changes affecting international trade policies.
- Technological advancements in textile production impacting import demands.