The Textile Fibres Preparation and Spinning market in Romania experienced fluctuations from 2013 to 2023, with volumes starting at 75.656 million kilograms in 2013 and ending at 67.916 million kilograms in 2023. The market saw notable year-on-year variations and an average annual decrease (CAGR) of -1.38% over the past five years, indicating a gradual contraction in volume. Despite some growth between 2016 and 2017 and a rebound in 2022, the overall trend has been a decline, highlighted by a significant drop in 2020 followed by minimal recovery.
Future trends to watch for include:
- Adaptation to sustainable and eco-friendly materials, potentially revitalizing market demand.
- Technological advancements in spinning processes can increase efficiency and reduce costs, bolstering competitive positioning.
- Monitoring global economic conditions, which could influence export opportunities and sector 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% | View data |
| 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 |
| 6 | 6 Romania | 67,916,000 | 2023 | -0.96% | -1.38% | |
| 7 | 7 Lithuania | 37,372,000 | 2023 | +4.94% | +2.05% | View data |
| 8 | 8 Denmark | 15,661,000 | 2023 | -1.26% | +2.57% | View data |
