The Polyamide and Polyester High Tenacity Filament Yarn market in Germany has experienced a consistent decline over the past decade, reducing from 30.741 million kilograms in 2013 to 25.834 million kilograms in 2023. The market's volume dropped by 0.92% in 2022 and an additional 0.92% in 2023. The compound annual growth rate (CAGR) over the last five years has been -1.91%, indicating a gradual contraction.
Future trends to watch for include:
- Potential market stabilization as environmentally sustainable practices become more prevalent.
- Technological innovations that might revive or alter demand dynamics.
- Economic factors and shifts in global supply chains affecting raw material availability and costs.
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 62,387,000 | 2023 | +4.06% | +3.89% | View data |
| 2 | 2 Portugal | 32,150,000 | 2023 | +0.88% | +0.7% | View data |
| 3 | 3 Germany | 25,834,000 | 2023 | -0.92% | -1.91% | |
| 4 | 4 Hungary | 10,982,000 | 2023 | +0.37% | +1.25% | View data |
| 5 | 5 Lithuania | 2,351,500 | 2023 | +3.79% | +4.02% | View data |
