The Romanian market for woven fabrics of synthetic and artificial filament yarns has experienced fluctuating growth over the past decade, peaking in 2015 before hitting a low in 2020. In 2023, the market was valued at 512.74 million euros. Over the last two years, the market demonstrated a recovery with a 15.55% increase in 2022 and a 6.98% rise in 2023. The five-year compound annual growth rate (CAGR) stands at 0.18%, highlighting the market's gradual stabilization after periods of decline.
Looking ahead, it is important to watch for technological advancements in textile manufacturing and sustainability-driven consumer trends, as these could drive further changes in demand and production practices, influencing the market dynamics in Romania. Additionally, shifts in global supply chains and economic conditions in Europe may impact future growth.
How does Romania rank in Woven Fabrics of Synthetic Filament Yarn and Artificial Filament Yarn Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 570,920,000 | 2023 | +1.45% | +0.98% | View data |
| 2 | 2 Italy | 545,300,000 | 2023 | -1.34% | -1.73% | View data |
| 3 | 3 Romania | 512,740,000 | 2023 | +6.98% | +0.18% | |
| 4 | 4 United Kingdom | 394,940,000 | 2023 | +0.2% | +0.22% | View data |
| 5 | 5 France | 355,840,000 | 2023 | +1.52% | +1.28% | View data |
