The Woven Fabrics of Synthetic Filament Yarns Market in Denmark has seen a fluctuating yet generally upward trend in value since 2012. Starting at 12.087 million Euros in 2012, the market experienced a series of ups and downs, with notable increases in 2014 (10.64%), 2015 (9.62%), and particularly in 2016 (22.54%). Following a dip in 2017 (-4.91%), the market value plateaued slightly between 2017 and 2019 before surging again in 2020 (14.95%). The last known value stands at 20.217 million Euros for the year 2022, representing a 2.42% increase from the previous year.
The recent five-year CAGR (Compound Annual Growth Rate) shows an average annual growth of around 3.09%, indicating steady, though moderate, growth. On a shorter two-year scale, the market has seen varied year-on-year growth with fluctuations hinting at a responsive market to external economic conditions.
For future trends, watch for advancements in synthetic fiber technology, shifts in consumer preferences towards sustainable materials, and potential economic impacts from global trade policies. Given the market’s historical fluctuations, these factors could significantly influence growth trajectories in the years to come.
How does Denmark 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% | View data |
| 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 |
| 8 | 8 Greece | 25,780,000 | 2023 | -0.31% | -1.23% | View data |
| 9 | 9 Estonia | 25,226,000 | 2023 | +3.75% | +2.89% | View data |
| 10 | 10 Denmark | 20,569,000 | 2023 | +3.39% | +3.49% | |
| 11 | 11 Croatia | 19,085,000 | 2023 | +1.87% | +1.18% | View data |
| 12 | 12 Finland | 7,919,300 | 2023 | -4.01% | -6.05% | View data |
