The Romanian market for woven fabrics of carded wool or carded fine animal hair has experienced a declining trend over the past decade, with significant fluctuations. The market reached a peak value of 84.11 million euros in 2016 but has dwindled since then. By 2023, it fell to 38.843 million euros, marking an 18.38% year-on-year decrease. The 5-year compound annual growth rate (CAGR) was -11.21%, highlighting an ongoing contraction.
Future trends to watch for include:
- Potential recovery post-economic slowdowns, as markets stabilize.
- Technological advancements in textile production could offer efficiency gains.
- Increasing focus on sustainability might impact material sourcing and market dynamics.
How does Romania rank in Woven Fabrics of Carded Wool or Carded Fine Animal Hair Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 65,437,000 | 2023 | +3.55% | +2.59% | View data |
| 2 | 2 Romania | 38,843,000 | 2023 | -18.38% | -11.21% | |
| 3 | 3 Portugal | 31,281,000 | 2023 | +2.74% | +3.25% | View data |
| 4 | 4 Poland | 29,191,000 | 2023 | +1.24% | -0.31% | View data |
| 5 | 5 Bulgaria | 19,022,000 | 2023 | -2.82% | -1.5% | View data |
