Over the past decade, the cotton yarn market in Sweden has experienced a declining trend in terms of volume. The market began at 404.4 thousand kilograms in 2013 and steadily decreased to 300.99 thousand kilograms by 2023. Notably, the most significant annual declines were observed in 2020 (-6.89%) and between 2022 and 2023 (-3.92%). The CAGR over the last five years stood at -3.36%, indicating a consistent yearly contraction.
Future trends to watch for include potential market stabilization or recovery driven by sustainable textile innovations, shifts in consumer preferences towards eco-friendly materials, and possible impacts of changing trade policies. Additionally, advancements in textile technology and increased demand for sustainable production methods may influence market dynamics.
How does Sweden rank in Cotton Yarn Market Size Volume?
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 104,440,000 | 2023 | -0.35% | -1.05% | View data |
| 2 | 2 Germany | 32,382,000 | 2023 | -6.47% | -6.54% | View data |
| 3 | 3 Poland | 24,692,000 | 2023 | -0.69% | +0.77% | View data |
| 4 | 4 France | 18,121,000 | 2023 | +0.18% | +3.3% | View data |
| 5 | 5 Czech Republic | 10,821,000 | 2023 | -9.81% | -5.61% | View data |
| 10 | 10 Hungary | 2,451,200 | 2023 | +0.1% | +0.55% | View data |
| 11 | 11 Lithuania | 1,755,800 | 2023 | +3.22% | +3.11% | View data |
| 12 | 12 Sweden | 300,990 | 2023 | -3.92% | -3.36% | |
