The import of warp knit fabric of manmade fibers to Italy is expected to rise steadily from 2024 to 2028, with volumes increasing from 12.838 million kilograms in 2024 to 13.685 million kilograms in 2028. Given the forecast figures, a positive year-on-year growth is evident. Specifically, the anticipated annual growth rate from 2024 to 2025 is 1.7%, and from 2025 to 2026 is 1.6%. The compounded annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.60%. As of 2023, the figures slightly below 12.838 million kilograms indicate an upward trend.
Future trends to watch for:
- Potential shifts in global trade policies that may affect the cost and availability of materials.
- Technological advancements in fabric manufacturing that could alter import demands.
- Consumer trends leaning towards sustainable materials, impacting the types of fibers imported.