The market size for cotton yarn of combed fibers in Estonia has experienced fluctuations over the years, standing at 1.1422 million euros in 2023. From 2013 to 2015, there was a significant decline, followed by modest recoveries in 2016 and 2017. After peaking in 2019, the market has generally seen a downward trend, with recent years (2021-2023) registering consecutive negative year-on-year changes. The Compound Annual Growth Rate (CAGR) over the last five years, from 2018 to 2023, indicates a contraction by 3.19%.
Future trends to watch for include:
- Potential global shifts in demand for eco-friendly and sustainable fibers could impact market size.
- Technological advancements in textile production may alter production costs and market dynamics.
- Trade policy changes within the EU and with international partners may affect import-export flows.
- Economic recovery post-global disruptions and the stability of supply chains should be monitored for recovery signals.
How does Estonia rank in Cotton Yarn of Combed Fibres Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 224,720,000 | 2023 | +1.05% | -0.96% | View data |
| 2 | 2 Germany | 76,296,000 | 2023 | +3.06% | -6.07% | View data |
| 3 | 3 Czech Republic | 46,810,000 | 2023 | -7.77% | -5.83% | View data |
| 4 | 4 Poland | 38,294,000 | 2023 | -1.63% | -1.91% | View data |
| 5 | 5 Spain | 26,868,000 | 2023 | -8% | -7.81% | View data |
| 8 | 8 Croatia | 18,620,000 | 2023 | +3.24% | -2.19% | View data |
| 9 | 9 Lithuania | 7,367,500 | 2023 | +2.13% | +1.21% | View data |
| 10 | 10 Estonia | 1,142,200 | 2023 | -4.44% | -3.19% | |