Germany's import of woven fabric of jute and other textile bast fibres is forecasted to decline significantly from 47.93 thousand kilograms in 2024 to 12.59 thousand kilograms in 2028. This represents year-on-year decreases of 19% in 2025, 23% in 2026, 29% in 2027, and 40% in 2028. The average compound annual growth rate (CAGR) from 2024 to 2028 is expected to be -25.84%, indicating a substantial downward trend.
Trends to watch:
- The ongoing shift toward more sustainable and recyclable materials may further impact demand for traditional jute fabrics.
- Emerging technologies and materials could alter the competitive dynamics in the textile industry.
- Trade policies and economic factors such as currency fluctuations and import tariffs could also influence future import volumes.