The market for woven fabrics of wool, fine animal hair, and similar materials in Finland, measured by value, decreased from 4.2554 million euros in 2013 to 3.5445 million euros in 2023. Year-on-year fluctuations were notable, with significant declines in 2014 and 2020, followed by a sharp recovery in 2021. The Compound Annual Growth Rate (CAGR) over the last 5 years is a slight decline of 1.37% yearly. In 2023, the market stood at 3.5445 million euros, reflecting a minor decrease over the previous year.
Future trends to watch for:
- Growing interest in sustainable and eco-friendly fabrics may drive demand.
- Potential increases in production costs due to inflation and supply chain challenges.
- Advancements in textile technology could introduce new product innovations.
How does Finland rank in Woven Fabrics of Carded or Combed Wool or Fine Animal Hair or of Coarse Animal Hair or of Horsehair Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 138,900,000 | 2023 | -0.7% | -0.23% | View data |
| 2 | 2 France | 117,110,000 | 2023 | +3.57% | +2.76% | View data |
| 3 | 3 Bulgaria | 85,478,000 | 2023 | -1.11% | -2.04% | View data |
| 4 | 4 United Kingdom | 83,396,000 | 2023 | +2.52% | +2.48% | View data |
| 5 | 5 Portugal | 83,007,000 | 2023 | +2.56% | +3.03% | View data |
| 6 | 6 Poland | 70,005,000 | 2023 | +1.03% | +0.11% | View data |
| 7 | 7 Croatia | 15,203,000 | 2023 | -3.69% | -3.67% | View data |
| 8 | 8 Finland | 3,544,500 | 2023 | -0.83% | -1.37% | |
| 9 | 9 Estonia | 2,916,800 | 2023 | -0.2% | +1.82% | View data |
