The Romanian textile weaving market experienced notable fluctuations from 2013 to 2023, with a marked peak in 2015 followed by periods of decline and recovery. Despite a resurgence in 2018, 2020 saw significant downturns. Recently, the market slowed, with 2023's figures slightly below 2022, indicative of a -0.37% year-on-year change. Over the past five years, the market's compound annual growth rate has been -2.52%, highlighting a contraction in the industry.
Future trends to watch include advancements in sustainable materials, the impact of digitalization and automation on production, and the influence of regional trade policies on market dynamics.
| # | 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% | |
| 4 | 4 Portugal | 848,030,000 | 2023 | +0.74% | +0.027% | View data |
| 5 | 5 France | 821,060,000 | 2023 | -0.11% | -2.12% | View data |
