The cotton yarn market size in Poland exhibited fluctuating volumes over the years. From a high of 29.289 million kilograms in 2014, the market saw declines interspersed with minor recoveries, such as from 2019 to 2020. By 2023, the volume stood at 24.52 million kilograms.
Year-on-year, the market had notable variations:
- 2019 to 2020: +4.22%
- 2020 to 2021: -4.27%
- 2021 to 2022: +0.42%
- 2022 to 2023: -0.69%
The compound annual growth rate (CAGR) from 2018 to 2023 was 0.77%, indicating a relatively stable growth in the latter years. However, the forecast from 2024 to 2028 suggests a declining trend with a -0.55% CAGR, projecting a decrease to 23.693 million kilograms by 2028.
Future trends to watch for include technological innovations in the cotton yarn industry, shifts in global cotton supply chains, and economic shifts affecting industrial output and consumer demand.
