The synthetic fibers market in Estonia has shown a generally upward trend from 2013 to 2023, with the market volume reaching 28.357 million kilograms in 2023. The market experienced an average annual growth rate of 5.21% over the past five years, highlighting its steady expansion. Notable year-on-year variations included substantial increases in 2014 and 2020, while facing a decline in 2021, followed by a moderate recovery in 2022 and 2023.
Future trends to monitor include:
- Potential advancements in fiber technology and sustainable practices.
- Shifts in global supply chains affecting local production and imports.
- Impact of environmental regulations evolving market dynamics.
How does Estonia rank in Synthetic Fibers Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 485,890,000 | 2023 | -0.65% | -3.4% | View data |
| 2 | 2 Italy | 463,400,000 | 2023 | -0.63% | +1.51% | View data |
| 3 | 3 Poland | 240,450,000 | 2023 | +3.21% | +2.84% | View data |
| 4 | 4 United Kingdom | 239,660,000 | 2023 | +1.77% | +1.55% | View data |
| 5 | 5 Spain | 230,410,000 | 2023 | +2.57% | +1.41% | View data |
| 9 | 9 Lithuania | 42,118,000 | 2023 | +3.13% | +2.26% | View data |
| 10 | 10 Hungary | 30,447,000 | 2023 | +0.53% | +1.35% | View data |
| 11 | 11 Estonia | 28,357,000 | 2023 | +3.72% | +5.21% | |
| 12 | 12 Finland | 26,272,000 | 2023 | +3.2% | +4.03% | View data |
| 13 | 13 Sweden | 19,324,000 | 2023 | +1.7% | -0.69% | View data |
