The Croatian cotton yarn market, quantified in million kilograms, showed notable fluctuations from 2013 to 2023, stabilizing at 2.7537 million kg in 2023. High growth was recorded in 2014 and 2015, followed by a decline post-2018, hitting a low in 2020 with a 14.17% decrease. A recovery emerged in 2021 with a significant 20.75% increase. Despite minor growth in the last two years, the CAGR over the past five years has been negative at -1.07%, indicating a shrinking market volume on average.
Future trends to monitor include:
- Potential recovery in global supply chains which could stabilize volumes.
- Shifts in textile industry demands influencing yarn consumption.
- The impact of sustainability trends on cotton yarn preferences.
- Technological advances affecting production efficiency.
How does Croatia rank in Cotton Yarn Market Size Volume?
# | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 104,440,000 | 2023 | -0.35% | -1.05% | View data |
2 | 2 Germany | 32,382,000 | 2023 | -6.47% | -6.54% | View data |
3 | 3 Poland | 24,692,000 | 2023 | -0.69% | +0.77% | View data |
4 | 4 France | 18,121,000 | 2023 | +0.18% | +3.3% | View data |
5 | 5 Czech Republic | 10,821,000 | 2023 | -9.81% | -5.61% | View data |
7 | 7 Romania | 7,026,400 | 2023 | -1.31% | -0.23% | View data |
8 | 8 United Kingdom | 6,067,700 | 2023 | -3.1% | -0.98% | View data |
9 | 9 Croatia | 2,753,700 | 2023 | +0.21% | -1.07% | |
10 | 10 Hungary | 2,451,200 | 2023 | +0.1% | +0.55% | View data |
11 | 11 Lithuania | 1,755,800 | 2023 | +3.22% | +3.11% | View data |