The Made-Up Textile Articles Market in Portugal experienced fluctuations in volume from 2013 to 2023. By 2023, the market volume stood at 15.766 million kilograms, showing a gradual decline from the peak of 17.603 million kilograms in 2013. The market hit a low point in 2020 but rebounded moderately in 2021 with a 20.13% year-on-year increase. However, the subsequent years displayed modest decreases, and the compound annual growth rate (CAGR) over the last five years indicated a slight decline of 0.66% annually.
Looking ahead, the market may be influenced by factors such as sustainable production methods, consumer demand for eco-friendly products, and technological advancements in textile manufacturing. These dynamics, along with potential shifts in international trade policies and economic recovery post-pandemic, are anticipated to shape future trends.
How does Portugal rank in Made-Up Textile Articles Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 398,020,000 | 2023 | +1.43% | +0.99% | View data |
| 2 | 2 United Kingdom | 293,570,000 | 2023 | +1.26% | +2.08% | View data |
| 3 | 3 France | 280,320,000 | 2023 | +3.07% | -1.86% | View data |
| 4 | 4 Spain | 200,140,000 | 2023 | +3.5% | +2.8% | View data |
| 5 | 5 Netherlands | 140,690,000 | 2023 | +4.32% | +4.18% | View data |
| 10 | 10 Greece | 27,400,000 | 2023 | +4.35% | +0.79% | View data |
| 11 | 11 Finland | 23,972,000 | 2023 | +0.71% | +0.67% | View data |
| 12 | 12 Portugal | 15,766,000 | 2023 | -0.28% | -0.66% | |
| 13 | 13 Croatia | 14,568,000 | 2023 | +4.19% | +1.98% | View data |