The synthetic fibers market in Denmark saw fluctuations from 2012 to 2022, starting at 81.931 million kilograms in 2012, with peak values around 2013. The market experienced a steady decline after 2016, witnessing the steepest decrease of -17.03% in 2020. Despite a significant recovery of 19.65% in 2021, the market slightly declined to 77.399 million kilograms in 2022. The average annual variation (CAGR) over the last five years is approximately -1.88%. In 2023, the market stabilized and remained comparable to the 2022 figures.
Future trends to watch for include sustainable and biodegradable synthetic fiber innovations, increasing demand in emerging applications like smart textiles, and the impact of regulatory changes on production and importation. Companies should also monitor global supply chain issues that could affect material availability and cost.
How does Denmark rank in Synthetic Fibers Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 485,890,000 | 2023 | -0.65% | -3.4% | View data |
| 2 | 2 Italy | 463,400,000 | 2023 | -0.63% | +1.51% | View data |
| 3 | 3 Poland | 240,450,000 | 2023 | +3.21% | +2.84% | View data |
| 4 | 4 United Kingdom | 239,660,000 | 2023 | +1.77% | +1.55% | View data |
| 5 | 5 Spain | 230,410,000 | 2023 | +2.57% | +1.41% | View data |
| 6 | 6 France | 163,250,000 | 2023 | +0.88% | +0.72% | View data |
| 7 | 7 Czech Republic | 85,866,000 | 2023 | +1.35% | -0.085% | View data |
| 8 | 8 Denmark | 76,880,000 | 2023 | -0.67% | -0.43% | |
| 9 | 9 Lithuania | 42,118,000 | 2023 | +3.13% | +2.26% | View data |
| 10 | 10 Hungary | 30,447,000 | 2023 | +0.53% | +1.35% | View data |
