The woven fabrics of synthetic filament yarns market in Romania demonstrated a notable expansion at the beginning of the period. From 2013 to 2015, it experienced significant growth before facing a consistent decline from 2016 to 2023. As of 2023, the market value stood at 229.73 million Euros.
Over the last two years, there has been a consistent year-on-year decrease of approximately 4.8% to 5%. The five-year compound annual growth rate (CAGR) reflects a negative trend of -5.3%, indicating a continual decline in market value.
Future trends to watch for include:
- Potential recovery driven by technological advancements in fabric production.
- Substitution effects with natural or eco-friendly fiber alternatives due to environmental concerns.
- Increased demand from niche markets or specialized applications may drive selective growth.
How does Romania rank in Woven Fabrics of Synthetic Filament Yarns Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 444,140,000 | 2023 | +7.63% | +3.05% | View data |
| 2 | 2 Romania | 229,730,000 | 2023 | -4.96% | -5.3% | |
| 3 | 3 United Kingdom | 204,400,000 | 2023 | +1.37% | +1.37% | View data |
| 4 | 4 Czech Republic | 147,870,000 | 2023 | +0.033% | +0.26% | View data |
| 5 | 5 Austria | 57,434,000 | 2023 | -2.37% | -0.47% | View data |
