The Hungarian cotton yarn of combed fibres market has witnessed a consistent decline in volume over the past decade, closing at 1.4664 million kilograms in 2023. The year-on-year decrease since 2021 shows a marginal decline around 3.5% annually, while from 2018 to 2023, the compound annual growth rate (CAGR) reveals an average annual contraction of 3.65%. This persistent downturn underscores a steady reduction in market demand or production efficiency.
Future trends to watch for:
- Technological advancements and innovations in textile production may impact demand.
- Sustainability practices in the textile industry could alter market dynamics.
- Economic factors influencing raw material supply might affect market stability.
- Potential policy changes related to trade agreements impacting the textile sector in Hungary.
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 55,990,000 | 2023 | +0.59% | -0.77% | View data |
| 2 | 2 Germany | 16,975,000 | 2023 | +0.3% | -1.13% | View data |
| 3 | 3 Poland | 9,633,300 | 2023 | -2.25% | -2% | View data |
| 4 | 4 Czech Republic | 6,574,200 | 2023 | -0.85% | -3.61% | View data |
| 5 | 5 France | 6,532,200 | 2023 | -2.07% | -2.28% | View data |
| 6 | 6 Bulgaria | 5,062,500 | 2023 | +3.14% | +3.89% | View data |
| 7 | 7 Croatia | 2,833,500 | 2023 | +4.58% | +0.1% | View data |
| 8 | 8 Hungary | 1,466,400 | 2023 | -3.67% | -3.65% | |
| 9 | 9 Lithuania | 925,660 | 2023 | -0.6% | -1.59% | View data |
