The synthetic fibers market in Poland exhibited moderate growth from 2012 to 2022. Volumes experienced fluctuations, moving from 141.16 million kilograms in 2012 to 229.73 million kilograms in 2022. Notable year-on-year variations included spikes in 2013 and 2014, with increases of 10.83% and 13.45%, respectively, followed by occasional declines, such as in 2015 and 2019. The compound annual growth rate (CAGR) for the years reflects a general positive trend, with a highest 7.76% CAGR noted in 2017.
Key observations from the data include:
- Sharp increase in volume growth from 2013 to 2014 and again in 2016.
- Stability in growth from 2018 to 2022, with the volume reaching 229.73 million kilograms by 2022.
- Short term volatility with both positive and negative year-on-year changes.
Future trends to watch for in the synthetic fibers market will likely involve a focus on sustainability, advancements in fiber technology, and a potential shift in demand due to evolving consumer preferences. Based on the historical data and recent stability, the market is poised for steady growth moving forward.
How does Poland rank in Synthetic Fibers Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 485,890,000 | 2023 | -0.65% | -3.4% | View data |
| 2 | 2 Italy | 463,400,000 | 2023 | -0.63% | +1.51% | View data |
| 3 | 3 Poland | 240,450,000 | 2023 | +3.21% | +2.84% | |
| 4 | 4 United Kingdom | 239,660,000 | 2023 | +1.77% | +1.55% | View data |
| 5 | 5 Spain | 230,410,000 | 2023 | +2.57% | +1.41% | View data |
