The Sorted Used or New Rags Textile Material Market in Germany exhibited fluctuations in market size from 2013 to 2023. In 2023, the market value was recorded at 43.235 million US dollars. Year-on-year growth for 2022 was 0.36%, and for 2023, it was 0.35%, indicating stability. Over a 5-year span, the Compound Annual Growth Rate (CAGR) averaged at 0.77%. Following a significant drop in 2020 due to external economic disturbances, the market showed resilience with an upward trend from 2021 onwards.
Future trends to watch for:
- The impact of sustainability and recycling initiatives on demand
- Changes in consumer behavior towards used textiles
- Potential regulatory changes in Germany affecting textile imports and exports
- The role of technological advancements in textile sorting and recycling processes
How does Germany rank in Sorted Used or New Rags Textile Material Market Size Value?
| # | 11 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 73,475,000 | 2023 | -0.18% | -0.094% | View data |
| 2 | 2 Germany | 43,235,000 | 2023 | +0.35% | +0.77% | |
| 3 | 3 Spain | 34,055,000 | 2023 | -0.37% | +0.35% | View data |
| 4 | 4 France | 26,197,000 | 2023 | +4.44% | +4.69% | View data |
| 5 | 5 United Kingdom | 20,976,000 | 2023 | +0.077% | -0.095% | View data |
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