In 2023, Portugal's cotton yarn market value reached 562.86 million Euros. Over the past decade, the market has experienced fluctuations with notable growth periods in 2017 and a decline in 2019. The last two years indicate moderate growth with year-on-year variations of 3.99% in 2022 and 1.94% in 2023. The five-year CAGR leading up to 2023 stands at 2.02%, suggesting a steady growth trajectory.
Future trends to watch for:
- Potential impact of sustainability trends on production and demand.
- Technological advancements in textile manufacturing.
- Changes in global trade policies affecting supply chain dynamics.
How does Portugal rank in Cotton Yarn Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 562,860,000 | 2023 | +1.94% | +2.02% | |
| 2 | 2 Germany | 112,640,000 | 2023 | -9.28% | -9.56% | View data |
| 3 | 3 Czech Republic | 87,748,000 | 2023 | +0.5% | -0.47% | View data |
| 4 | 4 Poland | 77,702,000 | 2023 | -1.59% | -1.25% | View data |
| 5 | 5 Romania | 26,031,000 | 2023 | -1.69% | -6.26% | View data |
