In 2024, Italy's import of degreased wool other than shorn is forecasted to start at 496.83 thousand kilograms. This is a projected decline from the actual figures in 2023. Over the subsequent years, the trend indicates a year-on-year decrease, with imports expected to drop to 268 thousand kilograms by 2028. This represents an overall negative trend, marked by a series of decreasing annual percentages. The compounded annual growth rate (CAGR) for 2024-2028 highlights an average annual decline, suggesting a consistent contraction in demand or supply.
Future trends to watch for:
- Potential shifts in Italy's wool consumption patterns and alternative material preferences.
- Impact of global economic factors or trade policies on import volumes.
- Technological advancements in textile processing possibly altering wool requirements.