The Cotton Yarn of Uncombed Fibres market size in Romania has seen significant fluctuations over the past decade, witnessing a peak in 2014 followed by a series of declines. By 2023, the market value stood at 6.6954 million euros, reflecting a cumulative annual growth rate (CAGR) of -11.35% over the last five years. Notable downturns occurred in 2019 and 2022, with significant contractions of 22.69% and 29.86%, respectively. The most recent year, 2023, saw a further decrease of 12.7%, indicating challenging market conditions.
Future trends to watch for include:
- Potential stabilization in 2024, contingent on economic recovery and supply chain improvements.
- Implementation of sustainable practices and innovation in textile manufacturing.
- Increasing demand for eco-friendly textiles which could influence market dynamics.
- Trade policies and their effects on imports and exports that may shift market balance.
