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.