The Woven Fabrics of Synthetic Staple Fibres market in Romania has experienced fluctuations over the past decade, peaking in 2015 and experiencing a downturn until 2020. Since 2021, the market has shown marginal growth each year, standing at 147.72 million Euros in 2023. The Compound Annual Growth Rate (CAGR) for the last five years is negative, indicating a slow recovery.
Future trends to watch for include:
- Potential recovery with increased demand for synthetic textiles post-pandemic.
- Impact of sustainable and environmentally friendly fabric production methods.
- Technological advancements in fabric production potentially driving growth.
How does Romania rank in Woven Fabrics of Synthetic Staple Fibres Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 376,710,000 | 2023 | -0.35% | -0.48% | View data |
| 2 | 2 Spain | 315,330,000 | 2023 | +1.33% | +1.62% | View data |
| 3 | 3 Poland | 164,670,000 | 2023 | -0.34% | -0.39% | View data |
| 4 | 4 Romania | 147,720,000 | 2023 | +1.23% | -0.18% | |
| 5 | 5 United Kingdom | 51,456,000 | 2023 | -5.25% | -5.41% | View data |
| 6 | 6 Bulgaria | 45,669,000 | 2023 | -0.89% | -1.08% | View data |