The import value of handmade rugs, including Kelem, Schumacks, and Karamanie, to Italy reflects a consistent decrease from 2024 to 2028. In 2023, the actual import value stood at 3.05 million USD. The forecasted figures indicate a decline from 2.8554 million USD in 2024 to 2.0816 million USD in 2028, showing a steady year-on-year decrease in percentage terms. The compound annual growth rate (CAGR) over the five-year forecasting period suggests a negative trend, emphasizing a shrinking market for these imports.
Future trends to watch for:
- Potential shifts in consumer preferences towards more sustainable or locally made products.
- Impact of economic factors, such as currency fluctuations or inflation, on import demand.
- Changing trade policies or tariffs that could affect the cost and volume of imports.