The textile weaving market in Portugal stood at 848.03 million Euros in 2023, recovering from a challenging year in 2020. The sector showed modest growth, with a significant rebound in 2021 followed by stable figures in 2022 and 2023. Over the last five years, the compound annual growth rate was nearly flat at 0.027%. While short-term fluctuations occurred, the industry maintained gradual progress from 2016 onwards.
- Pay attention to sustainability efforts as they enhance global competitiveness.
- Automation and innovation in manufacturing processes will drive efficiency and cost-effectiveness.
- Watch for fluctuations in demand from international markets impacting exports.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 3,717,900,000 | 2023 | -1.53% | -2.78% | View data |
| 2 | 2 Poland | 1,403,700,000 | 2023 | +4.27% | +1.03% | View data |
| 3 | 3 Romania | 1,359,300,000 | 2023 | -0.37% | -2.52% | View data |
| 4 | 4 Portugal | 848,030,000 | 2023 | +0.74% | +0.027% | |
| 5 | 5 France | 821,060,000 | 2023 | -0.11% | -2.12% | View data |
| 6 | 6 Spain | 819,820,000 | 2023 | +1.51% | -2.34% | View data |
