The Textile Fibres Preparation and Spinning Market in Portugal saw a volume of 177.41 million kilograms in 2023. Over the years, the market has experienced fluctuations with a notable decline in 2019 and 2020, followed by gradual recovery. Year-on-year variation in 2022 and 2023 recorded positive growth of 2.86% and 2.75%, respectively. However, the five-year CAGR reveals a negative trend of -3.23%, highlighting recent challenges.
Future trends to watch include technological advancements enhancing production efficiency, shifts toward sustainable fiber solutions, and the potential impact of economic fluctuations on consumer demand and industry growth.
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 631,420,000 | 2023 | -1.24% | -2.41% | View data |
| 2 | 2 Spain | 301,070,000 | 2023 | -0.037% | -0.66% | View data |
| 3 | 3 Portugal | 177,410,000 | 2023 | +2.75% | -3.23% | |
| 4 | 4 Germany | 152,790,000 | 2023 | -0.46% | -0.79% | View data |
| 5 | 5 Poland | 76,667,000 | 2023 | +2.06% | -0.34% | View data |
