The Swedish synthetic fibers market experienced fluctuations over the past decade. From 2012 to 2014, the market generally saw modest growth, peaking at 82.228 Million Euros in 2014. However, significant declines followed, with the market reaching its lowest value in 2022 at 67.254 Million Euros. Key points include a substantial year-on-year drop of -7.95% in 2015 and the largest decline in 2019 at -9.15%. Despite short-term recoveries, the compound annual growth rate (CAGR) over the last five years consistently showed a decline, averaging -2.27% from 2018 to 2022.
Future trends to watch for in the Swedish synthetic fibers market include potential innovations in sustainable and eco-friendly fibers, shifts in consumer preferences towards natural fibers, and the impact of global market conditions such as raw material prices and trade policies. Monitoring advancements in technology and regulatory changes will be crucial for forecasting the market's trajectory.
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,556,200,000 | 2023 | -2.53% | -3% | View data |
| 2 | 2 Italy | 1,541,400,000 | 2023 | -0.13% | +2.54% | View data |
| 3 | 3 Spain | 609,930,000 | 2023 | +0.27% | +4.32% | View data |
| 4 | 4 United Kingdom | 606,290,000 | 2023 | +1.12% | +0.7% | View data |
| 5 | 5 Poland | 593,840,000 | 2023 | +3.35% | +0.75% | View data |
| 11 | 11 Estonia | 93,312,000 | 2023 | +4.94% | +5.42% | View data |
| 12 | 12 Finland | 76,538,000 | 2023 | +4.88% | +2.31% | View data |
| 13 | 13 Sweden | 65,923,000 | 2023 | -2.03% | -2.55% | |
| 14 | 14 Greece | 45,090,000 | 2023 | -1.69% | -0.14% | View data |
