The Slovakia woven fabrics of synthetic staple fibres market has demonstrated a fluctuating trend over the past decade. From a high of 21.798 million euros in 2013 to a dip of 10.855 million euros in 2023, the market has experienced varied year-on-year changes. The most notable downturn was in 2016, exhibiting a 27.41% drop. Post-2019, market values continue to decline, showing a 5.71% decrease in 2023 compared to 2022, with a CAGR of -4.42% over the last five years.
Looking forward, potential drivers could include technological advancements, shifts in consumer preferences towards sustainable materials, and changes in trade regulations impacting import-export dynamics. Stakeholders should monitor these aspects closely for emerging opportunities and challenges.
How does Slovakia rank in Woven Fabrics of Synthetic Staple Fibres Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 376,710,000 | 2023 | -0.35% | -0.48% | View data |
| 2 | 2 Spain | 315,330,000 | 2023 | +1.33% | +1.62% | View data |
| 3 | 3 Poland | 164,670,000 | 2023 | -0.34% | -0.39% | View data |
| 4 | 4 Romania | 147,720,000 | 2023 | +1.23% | -0.18% | View data |
| 5 | 5 United Kingdom | 51,456,000 | 2023 | -5.25% | -5.41% | View data |
| 9 | 9 Greece | 20,332,000 | 2023 | -0.46% | -0.34% | View data |
| 10 | 10 Croatia | 12,182,000 | 2023 | +6.44% | +0.24% | View data |
| 11 | 11 Slovakia | 10,855,000 | 2023 | -5.71% | -4.42% | |
| 12 | 12 Finland | 5,416,700 | 2023 | -13.01% | -11.77% | View data |