The Lithuanian market for woven fabrics of synthetic staple fibers mixed with cotton has demonstrated a downward trend from 2013 to 2023, with the market size standing at 13.826 million Euros in 2023. Over the last two years, there was a year-on-year decline of approximately 3% each year. The 5-year Compounded Annual Growth Rate (CAGR) also indicates a decrease of approximately 3% per annum. A period of volatility is evident throughout these years, with occasional fluctuations.
Future trends to watch for in this market include:
- Technological advancements in sustainable fabric production.
- Increased competition from alternative materials with ecological benefits.
- Impact of regulatory changes on environmental standards.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 58,741,000 | 2023 | +1.76% | +0.34% | View data |
| 2 | 2 Spain | 49,786,000 | 2023 | -4.42% | -1.45% | View data |
| 3 | 3 Bulgaria | 22,952,000 | 2023 | +0.01% | +1.4% | View data |
| 4 | 4 Estonia | 17,211,000 | 2023 | +0.93% | +0.8% | View data |
| 5 | 5 Lithuania | 13,826,000 | 2023 | -3.29% | -3.01% | |
| 6 | 6 Slovakia | 9,034,400 | 2023 | -1.63% | -1.03% | View data |
| 7 | 7 Czech Republic | 7,045,400 | 2023 | -5.66% | -4.39% | View data |
