The Knitted or Crocheted Fabrics Market in Estonia reached a market size value of 24.485 million euros in 2023. Over the past decade, the market has experienced fluctuations, with notable declines in 2014, 2019, and 2020. However, recent years show a recovery trend, with year-on-year increases seen in 2021 (11.49%), 2022 (2.34%), and 2023 (2.26%). The compound annual growth rate (CAGR) over the last five years stands at 1.25%, indicating moderate market growth.
Looking ahead, future trends to watch for include:
- Potential impacts of sustainable and eco-friendly practices on production and sales.
- The influence of global economic conditions on export and import dynamics.
- Advancements in textile technology potentially affecting product offerings and market demand.
How does Estonia rank in Knitted or Crocheted Fabrics Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 545,060,000 | 2023 | +1.99% | +0.71% | View data |
| 2 | 2 United Kingdom | 305,730,000 | 2023 | -0.16% | +0.2% | View data |
| 3 | 3 Poland | 272,530,000 | 2023 | +1.44% | +1.49% | View data |
| 4 | 4 Bulgaria | 222,530,000 | 2023 | +0.081% | +1% | View data |
| 5 | 5 Romania | 218,950,000 | 2023 | -1.95% | -1.6% | View data |
| 8 | 8 Lithuania | 40,572,000 | 2023 | -1.68% | -1.44% | View data |
| 9 | 9 Croatia | 34,625,000 | 2023 | -13.49% | -9.41% | View data |
| 10 | 10 Estonia | 24,485,000 | 2023 | +2.26% | +1.25% | |
