The market for woven fabrics of combed wool or combed fine animal hair in Croatia has experienced a general decline from 2013 to 2023, reaching a value of €12.009 million in 2023. Year-on-year variations show fluctuations, with significant declines in 2020 and small recoveries in 2021, but ultimately the market continued to shrink, as shown by a Compound Annual Growth Rate (CAGR) of -4.07% over the past five years. Recent years show moderate decreases in size, indicating challenging conditions for recovery.
Future trends to watch for:
- Potential impacts of technological advancements on production efficiency.
- Changes in consumer preferences toward sustainable and ethical production.
- Trade policies and economic conditions influencing export opportunities.
How does Croatia rank in Woven Fabrics of Combed Wool or Combed Fine Animal Hair Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 66,456,000 | 2023 | -0.61% | -2.19% | View data |
| 2 | 2 Romania | 54,864,000 | 2023 | -4.74% | -4.78% | View data |
| 3 | 3 Portugal | 46,180,000 | 2023 | +1.45% | +0.59% | View data |
| 4 | 4 Poland | 40,945,000 | 2023 | +0.92% | +0.49% | View data |
| 5 | 5 Croatia | 12,009,000 | 2023 | -3.91% | -4.07% |
