The forecast for imports of shuttle type power looms for weaving fabric over 30 cm in width to Italy suggests a downward trend. From a value of 43.09 in 2024, the volume is expected to decline annually by approximately 9.38% to reach 27.45 by 2028. In 2023, imports stood at a higher level than forecasted at 43.09 starting in 2024.
Future trends to watch for include:
- The impact of technological advancements in the textile machinery sector on the demand for traditional looms.
- The shifts in global textile manufacturing dynamics and potential shifts back toward European production.
- Changes in trade policies which could affect import tariffs and strategies for Italy's textile industry.