The cotton yarn market in Sweden has demonstrated volatility across the years. From 2012 to 2016, there was a general upward trend, albeit with modest growth. However, from 2017 onwards, the market faced significant declines marked by a sharp drop in 2017 followed by smaller, yet continual, decreases up until 2019. The market showed minor recoveries in 2020 but once again declined through 2021 and 2022. The Compound Annual Growth Rate (CAGR) over the last five years has been negative, indicating an overall shrinking market.
Future trends to watch for include:
- Technological advancements in textile manufacturing which might influence demand and production processes.
- Environmental policies and their impact on production with a potential shift towards more sustainable practices.
- Market diversification strategies by companies to mitigate risks associated with market volatility.
How does Sweden 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% | View data |
| 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 |
| 6 | 6 Croatia | 15,905,000 | 2023 | +0.025% | -4.2% | View data |
| 7 | 7 Lithuania | 10,185,000 | 2023 | -0.34% | +1.81% | View data |
| 8 | 8 Sweden | 3,459,100 | 2023 | -1% | +0.76% | |
| 9 | 9 Estonia | 1,508,600 | 2023 | -7.18% | -9.55% | View data |
