The import of woven fabric of combed wool or fine animal hair with natural fibers to Italy is expected to decline in the coming years, with forecasts showing a gradual decrease from $4.34 million in 2024 to $3.98 million by 2028. In 2023, imports stood at $4.43 million. This marks a projected year-on-year decrease of approximately 2% annually, with a compound annual growth rate (CAGR) of around -2.1% over the five-year period.
Future trends to watch for:
- Potential impact of sustainable fashion trends influencing demand for natural fiber textiles.
- Economic factors in Italy and globally that may affect import levels.
- Advancements in textile production technology and if they shift the sourcing preferences.