The Cotton Yarn of Combed Fibres market in Croatia showed varying trends from 2013 to 2023. The market value peaked in 2016 at 24.489 million euros, with a notable increase of 25.66% from the previous year. Since then, the market experienced a general decline with intermittent small recoveries, like the 3.42% increase in 2022, ultimately reaching 18.62 million euros in 2023. Over the last five years, the compound annual growth rate (CAGR) was -2.19%, reflecting a gradual contraction.
Future trends to watch for include:
- The impact of technological advances in the textile industry that may drive production efficiencies.
- Potential changes in trade policies and tariffs affecting raw material imports and exports.
- Consumer demand shifts towards sustainable and eco-friendly materials, possibly impacting market dynamics.
How does Croatia 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 |
| 6 | 6 Romania | 21,737,000 | 2023 | +2.01% | +0.073% | View data |
| 7 | 7 United Kingdom | 19,004,000 | 2023 | +0.91% | +2.07% | View data |
| 8 | 8 Croatia | 18,620,000 | 2023 | +3.24% | -2.19% | |
| 9 | 9 Lithuania | 7,367,500 | 2023 | +2.13% | +1.21% | View data |
| 10 | 10 Estonia | 1,142,200 | 2023 | -4.44% | -3.19% | View data |