In 2023, Italy imported 828.34 thousand kilograms of carded or combed cotton. Forecasts predict a decline from 2024 to 2028, with imports decreasing from 740.02 to 386.23 thousand kilograms. This indicates a consistent downward trend, with a year-on-year percentage decrease averaging around 17%. Over a five-year period, the compound annual growth rate (CAGR) reflects the continued reduction in import volumes.
Future trends to watch:
- Monitor the impact of changing consumer preferences for sustainable materials and shifts in the textile industry.
- Consider Italy’s domestic production capabilities and potential strategic shifts towards local sourcing.