Between 2013 and 2023, the textile weaving market volume in Bulgaria experienced notable fluctuations. The market saw initial growth until 2018, followed by a sharp decline reaching its lowest in 2021. A remarkable recovery occurred in 2022, restoring earlier volumes, culminating in a 2023 volume of 235.17 million square meters. Year-on-year variations reflected significant volatility, particularly with the 36.51% increase from 2021 to 2022. Over the past five years, the compound annual growth rate (CAGR) has been a nominal 0.19%, indicating an overall stable market trajectory.
Future trends to watch include technological advancements like digital weaving, sustainability practices, and potential market shifts due to geopolitical changes affecting supply chains and trade policies.
