The Polyamide and Polyester High Tenacity Filament Yarn Market in Hungary saw fluctuations over the last decade. After peaking at €50.693 million in 2014, the market value generally trended downward. Recently, from 2021 to 2023, the market declined by 2.99% in 2023, ending at €46.507 million. The compound annual growth rate (CAGR) over the last five years was -0.54%, reflecting stagnation and decline in market value.
Looking forward, industry stakeholders should monitor technological advancements in yarn production and potential shifts in demand for sustainable materials, which could influence growth trajectories and market dynamics in coming years.
