The Croatian cotton yarn market value experienced fluctuations from 2013 to 2023. In 2023, the market size reached 15.905 million Euros. Notably, there was a downward trend from 2014 to 2021 with significant declines, reaching a year-on-year decrease of 6.41% in 2021. Stability has been observed since 2022, indicating a flattening out. The five-year CAGR between 2018 and 2023 stood at -4.2%, underscoring a persistent contraction in the market over this period.
Future trends to watch for:
- Potential impact of technological advancements on production efficiency.
- Shifts in global supply chain dynamics affecting import-export demand.
- Sustainability focus driving demand for eco-friendly cotton yarn.
How does Croatia rank in Cotton Yarn Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 562,860,000 | 2023 | +1.94% | +2.02% | View data |
| 2 | 2 Germany | 112,640,000 | 2023 | -9.28% | -9.56% | View data |
| 3 | 3 Czech Republic | 87,748,000 | 2023 | +0.5% | -0.47% | View data |
| 4 | 4 Poland | 77,702,000 | 2023 | -1.59% | -1.25% | View data |
| 5 | 5 Romania | 26,031,000 | 2023 | -1.69% | -6.26% | View data |
| 6 | 6 Croatia | 15,905,000 | 2023 | +0.025% | -4.2% | |
| 7 | 7 Lithuania | 10,185,000 | 2023 | -0.34% | +1.81% | View data |
| 8 | 8 Sweden | 3,459,100 | 2023 | -1% | +0.76% | View data |
