The woven fabrics of combed wool or combed fine animal hair market in Romania has experienced a declining trend from 2013 to 2023, with the market size falling from 96.322 million euros to 54.864 million euros. The 2023 market value represents a continued decline, albeit at a slightly moderated pace of -4.74% year-on-year. Despite a brief recovery in 2021, over the last five years, the market contracted at an average annual rate of approximately -4.78% CAGR.
Future trends to watch include:
- Potential shifts towards sustainable and locally sourced textile materials which could slow the decline.
- Influence of technological advancements in textile production that may enhance market value.
- Impact of global supply chain dynamics on the market's recovery post-2023.
How does Romania rank in Woven Fabrics of Combed Wool or Combed Fine Animal Hair Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 66,456,000 | 2023 | -0.61% | -2.19% | View data |
| 2 | 2 Romania | 54,864,000 | 2023 | -4.74% | -4.78% | |
| 3 | 3 Portugal | 46,180,000 | 2023 | +1.45% | +0.59% | View data |
| 4 | 4 Poland | 40,945,000 | 2023 | +0.92% | +0.49% | View data |
| 5 | 5 Croatia | 12,009,000 | 2023 | -3.91% | -4.07% | View data |
