In Lithuania, the textile fibres preparation and spinning market reached an actual size of 37.372 million kilograms in volume by 2023. The market demonstrated fluctuations over a decade with a steady growth until 2017, followed by a dip in 2020. From 2020 to 2023, recovery was marked by a consistent upward trend, with a 4.94% increase in the past year and a 2.05% CAGR over the last five years.
Future trends to watch for:
- Advancements in technology could enhance efficiency and productivity in the fibre spinning sector.
- Growing demand for sustainable textile products is likely to drive innovations in eco-friendly fibre materials and processes.
- Economic conditions and global supply chain dynamics will continue playing a critical role affecting the market size.
| # | 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% | View data |
| 7 | 7 Lithuania | 37,372,000 | 2023 | +4.94% | +2.05% | |
| 8 | 8 Denmark | 15,661,000 | 2023 | -1.26% | +2.57% | View data |
| 9 | 9 Croatia | 13,241,000 | 2023 | +0.19% | -3.03% | View data |
