The forecast for the import of coir yarn to Italy shows a consistent downward trend from 2024 to 2028, with values decreasing steadily each year. In 2023, the value stood at a higher level compared to the projections for the ensuing years. The year-on-year variations reveal a consistent decline, averaging a decrease of approximately 12% each year over the period. The compounded annual growth rate (CAGR) reflects this overall negative growth, indicating an average annual contraction in the market.

Future trends to watch for include:

Changes in market demand driven by shifts in consumer preferences or global economic conditions.
Potential impacts of trade policies or tariffs that could affect import levels.
Technological advancements in materials, which may replace traditional coir yarn and impact demand.
Environmental concerns that could increase the attractiveness and demand for sustainable alternatives such as coir yarn.