In 2023, Italy's import of noils of wool or fine animal hair stood at approximately 6 million kilograms. Forecasts indicate a downward trend in imports, with volumes projected to decrease from 5.768 million kilograms in 2024 to 4.7961 million kilograms by 2028. This decline represents a year-on-year reduction of approximately 4.34% from 2024 to 2025, 4.44% from 2025 to 2026, 4.55% from 2026 to 2027, and 4.68% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated at around -4.5%.
Future trends to watch for include shifts in global wool production and demand, technological advancements in textile manufacturing, and potential changes in trade policies that may impact international wool markets. These factors could influence Italy's import volumes, either mitigating the decline or exacerbating it depending on broader market and economic conditions.
