Woolen Yarn Market Overview in Italy
In value terms, woolen yarn production dropped to $ in 2018 estimated in export prices. Overall, production, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2011 with an increase of % y-o-y. Over the period under review, production attained the peak level at $ in 2007; however, from 2008 to 2018, production failed to regain the momentum.
The size of the woolen yarn market in Italy was estimated at $ in 2018, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a perceptible contraction. The growth pace was the most rapid in 2013 with an increase of % year-to-year. Woolen yarn consumption peaked at $ in 2007; however, from 2008 to 2018, consumption failed to regain the momentum.