As of 2023, the re-import of silk to Italy was valued at 14 million USD. Forecasted data indicates a gradual decline from 2024 to 2028, beginning at 13.808 million USD in 2024 and decreasing to 13.012 million USD by 2028. This denotes an approximate year-on-year reduction of around 1.5% to 1.6%. Over the five-year period, the compound annual growth rate (CAGR) reflects a continued downward trend, averaging a decline per year.
Future trends to watch for include potential changes in global trade policies, shifting consumer demand towards sustainable and alternative materials, and technological advancements in silk production and processing. Competitive dynamics within the silk industry may also influence re-import levels and broader market performance.
