The forecasted sold production value of cotton yarn dyeing in Germany shows a slight declining trend from 2024 to 2028, starting at 50.711 million Euros in 2024 and dropping to 50.38 million Euros by 2028. This reflects a consistent year-on-year decrease, marking a reduction of approximately 0.2% annually. If we consider 2023 at approximately the same level as 2024, the CAGR over the 5-year period remains around a decrease of 0.16% per year.
Future trends to watch for:
- Impact of sustainability and eco-friendly dyeing processes on production costs and market demand.
- Technological advancements in textile manufacturing that could offset declining trends.
- Domestic and global competition affecting the pricing and market share in the EU region.