The cotton yarn of uncombed fibres market in Spain experienced fluctuating growth from 2013 to 2023, with a gradual decline in the last five years. In 2023, the market stood at 38.692 million kilograms. Despite a slight recovery in 2021, market volumes decreased again through 2023, reflecting an overall compound annual growth rate (CAGR) of -1.67% over the last five years. Notable declines were seen in 2019 and 2020, while a modest recovery occurred in 2021 but didn't sustain past 2022.
Future trends to watch for in the Spanish cotton yarn market include:
- Technological advancements in textile manufacturing that could influence demand.
- Potential impacts from global supply chain adjustments following the COVID-19 pandemic.
- Shifts in consumer preferences towards sustainable materials, possibly affecting production volumes.