Flax Yarn Not Packaged for Retail Sale Market Size Value in Lithuania

The Flax Yarn Not Packaged for Retail Sale market in Lithuania has displayed fluctuating growth from 2013 to 2023. The market value in 2023 was 15.583 million euros. Year-on-year variations indicate significant shifts, with notable growth in 2014 and 2022, but a slight decline in 2017. Over the past two years, the market increased annually by 5.26% in 2023 and by 13.13% in 2022. The five-year CAGR reaching 2023 was 4.32%, showing consistent growth potential despite minor fluctuations.

Future trends to watch:

  • Increasing demand for sustainable materials may drive further market expansion.
  • Technological advancements in yarn production could bolster efficiency and quality.

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