The re-import of yarn of carded fine animal hair to Italy is projected to rise from 417.25 kg in 2024 to 471 kg by 2028. This reflects a steady upward trend with annual growth. Compared to 2023, when the actual re-import value stood at 405 kg, 2024 marks an approximate increase of 3.02%. The year-on-year forecast shows gradual growth: 3.3% in 2025, 3.15% in 2026, 2.99% in 2027, and 2.84% in 2028. The compound annual growth rate (CAGR) over the 5-year period from 2023 to 2028 is about 2.95%.
Future trends to watch for include:
- Changes in global animal hair production affecting supply dynamics.
- Potential economic or trade policy shifts impacting re-import costs.
- Technological advancements in textile manufacturing potentially influencing demand.