The market size value per capita for twine, cordage, rope, and cables of jute or other textile bast fibers in Portugal increased from 2013 to 2016, peaking at 5.54 Euros per capita in 2016. A slight decline followed, stabilizing around 5 Euros in recent years. In 2023, the value stood at precisely 5 Euros per capita. Comparing 2022 to 2023, the year-on-year growth was a mere 0.81%. The compound annual growth rate over the last five years from 2018 to 2023 was virtually flat, indicating a mature market.
Future trends to watch:
- Continued innovation in sustainable and biodegradable materials could spur market growth.
- Regulatory changes promoting eco-friendly products may increase demand for jute-based materials.
- Economic factors impacting consumer spending could affect market dynamics.
How does Portugal rank in Twine, Cordage, Rope and Cables, of Jute or Other Textile Bast Fibres Market Size Value Per Capita?
| # | 6 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 5 | 2023 | |||
| 2 | 2 France | 2.75 | 2023 | View data | ||
| 3 | 3 Finland | 2.71 | 2023 | View data | ||
| 4 | 4 Spain | 2.4 | 2023 | View data | ||
| 5 | 5 Croatia | 2.27 | 2023 | View data | ||
