Between 2013 and 2023, the Croatian market for woven fabrics of carded or combed wool, and of fine or coarse animal hair, exhibited a fluctuating yet overall declining trend. The market size fell from 23.939 million Euros in 2013 to 15.203 million Euros in 2023. Notably, the market shrank significantly in 2020 by 18.69%, likely due to external factors, before experiencing a modest recovery in 2021 with a 16.18% growth. However, this rebound was short-lived as the market reported subsequent declines of 3.63% and 3.69% in 2022 and 2023, respectively. Over the past five years, the compound annual growth rate (CAGR) is taxatively negative at -3.67%.
Future trends in the woven fabrics market in Croatia are expected to be influenced by shifts in consumer preferences toward sustainable and eco-friendly materials, technological advancements in textile manufacturing, and potential impacts of global supply chain disruptions. Monitoring these developments, alongside consumer demand trends and raw material prices, will be crucial for forecasting market movements.
How does Croatia rank in Woven Fabrics of Carded or Combed Wool or Fine Animal Hair or of Coarse Animal Hair or of Horsehair Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 138,900,000 | 2023 | -0.7% | -0.23% | View data |
| 2 | 2 France | 117,110,000 | 2023 | +3.57% | +2.76% | View data |
| 3 | 3 Bulgaria | 85,478,000 | 2023 | -1.11% | -2.04% | View data |
| 4 | 4 United Kingdom | 83,396,000 | 2023 | +2.52% | +2.48% | View data |
| 5 | 5 Portugal | 83,007,000 | 2023 | +2.56% | +3.03% | View data |
| 6 | 6 Poland | 70,005,000 | 2023 | +1.03% | +0.11% | View data |
| 7 | 7 Croatia | 15,203,000 | 2023 | -3.69% | -3.67% | |
| 8 | 8 Finland | 3,544,500 | 2023 | -0.83% | -1.37% | View data |
| 9 | 9 Estonia | 2,916,800 | 2023 | -0.2% | +1.82% | View data |