The narrow woven fabrics market in Estonia showcased fluctuating performance between 2013 and 2023. In 2023, the market stood at 12.194 million Euros, marking a decrease of 2.17% from the previous year. Notably, the market experienced several declines and minor growth spikes over the decade, culminating in a negative 5-year CAGR of 0.95%. The overall trend since 2013 reflects volatility, with a peak in 2015 followed by a predominantly downward trajectory.
Future trends to watch for:
- Potential market stabilization or growth influenced by advancements in textile technology and innovations.
- Increasing demand for sustainable and eco-friendly woven fabrics.
- Shifts in global supply chain dynamics post-pandemic, impacting export and import activities.
How does Estonia rank in Narrow Woven Fabrics Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 340,090,000 | 2023 | +2.45% | +1.52% | View data |
| 2 | 2 Spain | 275,680,000 | 2023 | +4.52% | +3.76% | View data |
| 3 | 3 Poland | 123,990,000 | 2023 | +3.29% | +1% | View data |
| 4 | 4 Portugal | 117,990,000 | 2023 | +3.07% | +4.91% | View data |
| 5 | 5 Czech Republic | 88,757,000 | 2023 | +2.84% | +0.0083% | View data |
| 9 | 9 Greece | 15,761,000 | 2023 | +3.89% | +2.16% | View data |
| 10 | 10 Finland | 13,029,000 | 2023 | +0.71% | +1.29% | View data |
| 11 | 11 Estonia | 12,194,000 | 2023 | -2.17% | -0.95% | |
| 12 | 12 Lithuania | 11,382,000 | 2023 | +0.59% | +1.47% | View data |
| 13 | 13 Sweden | 8,635,900 | 2023 | -8.45% | -7.47% | View data |
