The Lithuanian market for cotton yarn made from combed fibers registered a declining volume of 0.926 million kilograms in 2023. Over the past decade, the market exhibited significant fluctuations, notably depreciating by 12.46% in 2018 and 8.52% in 2019. The last two years showed little change, with minor year-on-year declines of 0.67% in 2022 and 0.6% in 2023. The compound annual growth rate from 2019 to 2023 reflects a downward trend of 1.59% annually, indicating a moderate contraction during this period.
Looking ahead, the market might experience shifts driven by technological advancements in textile manufacturing, sustainability trends, and global economic factors influencing demand and production capacities. Watch for potential impacts on both supply dynamics and market competitiveness.
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 55,990,000 | 2023 | +0.59% | -0.77% | View data |
| 2 | 2 Germany | 16,975,000 | 2023 | +0.3% | -1.13% | View data |
| 3 | 3 Poland | 9,633,300 | 2023 | -2.25% | -2% | View data |
| 4 | 4 Czech Republic | 6,574,200 | 2023 | -0.85% | -3.61% | View data |
| 5 | 5 France | 6,532,200 | 2023 | -2.07% | -2.28% | View data |
| 7 | 7 Croatia | 2,833,500 | 2023 | +4.58% | +0.1% | View data |
| 8 | 8 Hungary | 1,466,400 | 2023 | -3.67% | -3.65% | View data |
| 9 | 9 Lithuania | 925,660 | 2023 | -0.6% | -1.59% | |
