The forecast for cotton supply in Italy indicates a gradual decline over the period from 2024 to 2028. The supply is projected to decrease from 164.0 thousand units in 2024 to 159.0 thousand units by 2028. Compared to the base year of 2023, it shows a downward trend. The year-on-year variation indicates a decreasing pattern with an average Compound Annual Growth Rate (CAGR) reflecting a downward trend of around -0.8% annually.
Future trends to watch for:
- Global economic conditions and their impact on agricultural production and trade.
- Changes in consumer demand for natural fibers versus synthetic alternatives.
- Policy and regulatory changes affecting the agricultural sector, including subsidies and tariffs.
- Technological advancements in cotton farming and processing.
- Climate change impacts on cotton yield and quality.
