The Croatian market for woven fabrics of synthetic and artificial filament yarn saw a modest recovery marked by a slight increase to 24.014 million Euros in 2023. This follows a period of volatility, with a significant dip in 2020 and a notable recovery in 2021. The year-on-year growth rate stabilized to 0.35% in both 2022 and 2023, characterized by a 5-year compound annual growth rate (CAGR) of -0.55%, indicating a relatively stagnant market over the past five years.
Future trends to watch for include:
- Potential market consolidation and competitive pressures affecting smaller entities.
- Influence of technological advancements and sustainability trends enhancing product offerings.
- Impacts of global supply chain disruptions and costs influencing local production and pricing.
How does Croatia rank in Woven Fabrics of Synthetic Filament Yarn and Artificial Filament Yarn Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 570,920,000 | 2023 | +1.45% | +0.98% | View data |
| 2 | 2 Italy | 545,300,000 | 2023 | -1.34% | -1.73% | View data |
| 3 | 3 Romania | 512,740,000 | 2023 | +6.98% | +0.18% | View data |
| 4 | 4 United Kingdom | 394,940,000 | 2023 | +0.2% | +0.22% | View data |
| 5 | 5 France | 355,840,000 | 2023 | +1.52% | +1.28% | View data |
| 9 | 9 Greece | 45,111,000 | 2023 | +4.12% | +0.58% | View data |
| 10 | 10 Estonia | 27,606,000 | 2023 | +1.36% | +1.45% | View data |
| 11 | 11 Croatia | 24,014,000 | 2023 | +0.35% | -0.55% | |
| 12 | 12 Finland | 19,431,000 | 2023 | +1.26% | -1% | View data |
