The forecast for the import of single untwisted viscose yarn to Italy indicates a downward trend from 2024 to 2028. In 2023, the imports were positioned higher than the projected figures for 2024, implying a consistent decline throughout the forecast period. Year-on-year comparisons show a decrement trend with steady declines between 2024 and 2028. The projected Compound Annual Growth Rate (CAGR) over the next five years suggests an average annual decrease, indicative of diminishing demand or increased domestic production.
Future trends to watch for:
- Emerging sustainable practices might further influence demand for viscose yarn.
- Technological advancements could impact production, potentially altering import needs.
- Economic factors such as trade policies and currency fluctuations may also affect import volumes.