The textile weaving market in Estonia, as of 2023, reached a value of 110.35 million Euros. The market experienced fluctuations over the past decade, notably a sharp decline in 2020 followed by recovery trends with values rising by 18.03% in 2022 and 2.68% in 2023. From 2018 to 2023, the five-year compound annual growth rate was -0.56%, indicating slight long-term contraction despite recent positive growth. Key trends include a rebound post-2020 downturn and gradual recovery signaling resilience.
Future trends to watch:
- Potential impacts of technological advancements on production efficiency in the textile sector.
- Regulatory changes in both domestic and EU markets affecting trade policies.
- Shifts in consumer preferences towards sustainable and eco-friendly textile products.
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 3,717,900,000 | 2023 | -1.53% | -2.78% | View data |
| 2 | 2 Poland | 1,403,700,000 | 2023 | +4.27% | +1.03% | View data |
| 3 | 3 Romania | 1,359,300,000 | 2023 | -0.37% | -2.52% | View data |
| 4 | 4 Portugal | 848,030,000 | 2023 | +0.74% | +0.027% | View data |
| 5 | 5 France | 821,060,000 | 2023 | -0.11% | -2.12% | View data |
| 7 | 7 Bulgaria | 496,930,000 | 2023 | +0.13% | +0.32% | View data |
| 8 | 8 Lithuania | 174,340,000 | 2023 | +0.3% | -2.23% | View data |
| 9 | 9 Estonia | 110,350,000 | 2023 | +2.68% | -0.56% | |
| 10 | 10 Croatia | 91,354,000 | 2023 | -1.12% | -1.07% | View data |
| 11 | 11 Sweden | 65,990,000 | 2023 | -1.34% | -0.97% | View data |
