The market size for twine, cordage, rope, and cables of jute and other textile bast fibers in Finland stood at 14.979 million Euros in 2023. This market has experienced a slight growth over the past few years, with a year-on-year increase of 0.54% in 2023. The five-year CAGR indicates an average annual growth rate of 1.13%, highlighting a steady, albeit slow, recovery from the declining trend observed until 2016. After reaching a low in 2016, the market began to stabilize and modestly recover through to 2023.
Future trends to watch for include:
- Potential impacts of global supply chain disruptions on material costs.
- Sustainability trends may increase demand for natural fiber-based products.
- Technological innovations in production processes could enhance product offerings.
- Growing awareness of eco-friendly products might drive market growth.
How does Finland rank in Twine, Cordage, Rope and Cables, of Jute or Other Textile Bast Fibres Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 210,450,000 | 2023 | +4.28% | +4.14% | View data |
| 2 | 2 Spain | 111,100,000 | 2023 | +3.51% | +1.84% | View data |
| 3 | 3 United Kingdom | 76,182,000 | 2023 | -0.19% | -0.35% | View data |
| 4 | 4 Portugal | 53,624,000 | 2023 | +2.6% | +0.034% | View data |
| 5 | 5 Finland | 14,979,000 | 2023 | +0.54% | +1.13% | |
| 6 | 6 Croatia | 8,716,500 | 2023 | +0.12% | +0.18% | View data |
