The Synthetic Fibers market in Finland saw growth from 16.16 million kilograms in 2012 to 22.437 million kilograms in 2022. While the market experienced overall upward trends, notable fluctuations occurred. The market showed a positive year-on-year change until 2018, reaching a CAGR of 7.92% in 2015. From 2019 to 2022, growth was inconsistent; a significant year-on-year decline of 12.73% was observed in 2021, but a recovery of 5.92% followed in 2022. The CAGR over the last five years sits at 0.28%, indicating a stabilization phase. In 2023, the market is likely at a similar level, close to 22.5 million kilograms.
Future trends to watch for:
- Technological advancements in manufacturing processes
- Sustainability initiatives and eco-friendly alternatives
- Market demand shifts due to fashion industry trends
How does Finland rank in Synthetic Fibers Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 485,890,000 | 2023 | -0.65% | -3.4% | View data |
| 2 | 2 Italy | 463,400,000 | 2023 | -0.63% | +1.51% | View data |
| 3 | 3 Poland | 240,450,000 | 2023 | +3.21% | +2.84% | View data |
| 4 | 4 United Kingdom | 239,660,000 | 2023 | +1.77% | +1.55% | View data |
| 5 | 5 Spain | 230,410,000 | 2023 | +2.57% | +1.41% | View data |
| 10 | 10 Hungary | 30,447,000 | 2023 | +0.53% | +1.35% | View data |
| 11 | 11 Estonia | 28,357,000 | 2023 | +3.72% | +5.21% | View data |
| 12 | 12 Finland | 26,272,000 | 2023 | +3.2% | +4.03% | |
| 13 | 13 Sweden | 19,324,000 | 2023 | +1.7% | -0.69% | View data |
