The cotton yarn market in Bulgaria, measured in volume, has shown fluctuations from 2013 to 2023, reaching 9.208 million kilograms in 2023. Notably, the market experienced significant volatility, with notable growth in 2015 and expansions followed by contractions in subsequent years. The compound annual growth rate over the last five years has indicated a slight decline at -0.82% per annum, despite minor recovery signals in 2022 and 2023.
Future trends to watch for include:
- Potential impacts of global trade policies on cotton imports and exports.
- Technological advancements improving production efficiency.
- Shifts in consumer preferences towards sustainable and organic products affecting demand.
- Economic factors influencing domestic production capabilities.
How does Bulgaria 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 |
| 6 | 6 Bulgaria | 9,208,000 | 2023 | +1.99% | -0.82% | |
| 7 | 7 Romania | 7,026,400 | 2023 | -1.31% | -0.23% | View data |
| 8 | 8 United Kingdom | 6,067,700 | 2023 | -3.1% | -0.98% | View data |
