The textile weaving market in Lithuania showed fluctuations over the past decade, with a notable high in 2015, followed by a period of decline and stabilization. In 2023, the market size stood at 174.34 million Euros, demonstrating minor annual growth of 0.3% over the past two years. Over the last five years, the compound annual growth rate (CAGR) indicates an average annual decline of 2.23%.
Future trends to watch for include:
- Technological advancements in weaving techniques.
- Growing demand for sustainable and eco-friendly textiles.
- Impacts of global economic shifts and trade policies on the textile industry.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 3,717,900,000 | 2023 | -1.53% | -2.78% | View data |
| 2 | 2 Poland | 1,403,700,000 | 2023 | +4.27% | +1.03% | View data |
| 3 | 3 Romania | 1,359,300,000 | 2023 | -0.37% | -2.52% | View data |
| 4 | 4 Portugal | 848,030,000 | 2023 | +0.74% | +0.027% | View data |
| 5 | 5 France | 821,060,000 | 2023 | -0.11% | -2.12% | View data |
| 6 | 6 Spain | 819,820,000 | 2023 | +1.51% | -2.34% | View data |
| 7 | 7 Bulgaria | 496,930,000 | 2023 | +0.13% | +0.32% | View data |
| 8 | 8 Lithuania | 174,340,000 | 2023 | +0.3% | -2.23% | |
| 9 | 9 Estonia | 110,350,000 | 2023 | +2.68% | -0.56% | View data |
| 10 | 10 Croatia | 91,354,000 | 2023 | -1.12% | -1.07% | View data |
