Forecast: Import of Silk Yarn Except From Waste to Germany

The import of silk yarn except from waste to Germany is projected to decline steadily from 2024 to 2028, decreasing from $8.2974 million in 2024 to $6.9716 million by 2028. Compared to 2023, where the import value stood at $8.6 million, the data reveals a downward trend. The year-on-year percentage decrease from 2024 to 2028 consistently displays a slight but steady reduction, with the CAGR over these five years expected to be negative, indicating a shrinking market for this product in Germany.

Future trends to watch for:

  • Potential shifts in consumer preferences towards sustainable or alternative textiles impacting import levels.
  • Economic factors in Germany such as currency fluctuations and economic stability affecting import demands.
  • Technological advancements in textile production that could influence domestic production capabilities, reducing reliance on imports.

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