The market for twine, cordage, rope, and cables made of jute or other textile bast fibers in Italy, measured in volume, has demonstrated fluctuations from 2013 to 2023. In 2023, the market stood at 29.005 million kilograms. The years 2014 and 2020 saw significant declines. A noticeable peak occurred in 2017, followed by a general decreasing trend. Notably, the past two years showed minor growth with 3.35% in 2022 and 3.15% in 2023. The compound annual growth rate over the last five years is -2.24%, indicating a contraction over this period.
Future trends to watch for include potential market rebounds as sustainable materials like jute gain popularity amidst rising environmental concerns. Market players might also focus on technological advancements and product innovations to cater to evolving industry needs and consumer preferences.
How does Italy rank in Twine, Cordage, Rope and Cables, of Jute or Other Textile Bast Fibres Market Size Volume?
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 29,005,000 | 2023 | +3.15% | -2.24% | |
| 2 | 2 France | 28,847,000 | 2023 | +0.2% | -4.68% | View data |
| 3 | 3 Germany | 19,582,000 | 2023 | +0.5% | +0.19% | View data |
| 4 | 4 United Kingdom | 18,408,000 | 2023 | +0.21% | +1.24% | View data |
| 5 | 5 Poland | 9,563,600 | 2023 | +4.62% | +0.2% | View data |