In 2023, imports of knitted or crocheted pullovers, cardigans of cotton to Italy stood at 1.072 billion US dollars. The forecast from 2024 to 2028 displays a steady growth trend, with values projected to rise annually. The year-on-year growth rates are modest, ranging from approximately 2.2% to 2.5% each year. Over the forecast period, the compound annual growth rate (CAGR) averages around 2.5% from 2023 to 2028.
Future trends to watch for include:
- The impact of global cotton prices on import costs and demand.
- Shifts in consumer fashion preferences toward sustainable or alternative fabrics.
- Potential economic or trade policy changes within the European Union affecting import dynamics.