Forecast: Production of Cotton Yarn in Spain

The production of cotton yarn in Spain showed fluctuations over the past decade. From 2013 to 2023, the volume varied significantly, peaking in 2017 at 139.06 million kilograms before witnessing a steep decline in 2021 to 45.187 million kilograms. However, there was a notable recovery by 2023, reaching 125.83 million kilograms. Over the last two years, production recovered, with a year-on-year increase of 171.25% in 2022 and a 2.66% rise in 2023. The average annual growth rate (CAGR) over the last five years up to 2023 was -0.64%, indicating a slight overall decline.

Future trends worth monitoring include:

  • Continued recovery post-2021 levels of production
  • Impact of global supply chain disruptions on cotton yarn production
  • The evolution of sustainable practices in the textile industry and their influence on production volumes
  • The potential for technological advancements to enhance production efficiency

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