The import of shuttle-less looms for weaving fabric with a width exceeding 30 cm to Germany is forecasted to decrease from $5.75 million in 2024 to $3.21 million in 2028. In 2023, imports stood at an estimated $6.5 million. From 2024, the forecast depicts a consistent decline, with a year-on-year decrease of approximately 11.4% from 2024 to 2025, 12.6% from 2025 to 2026, and further declining rates thereafter. The CAGR over the five-year period is expected to be around -11%.
Future trends to watch for:
- Technological advancements affecting loom efficiency.
- Shifts in global textile production distribution.
- Environmental regulations impacting loom imports.
- Trade policy changes influencing import tariffs and costs.
