The Romanian Multiple or Cabled Synthetic Filament Yarn market exhibited fluctuations in the past decade, peaking in 2013 at 2.8545 million kilograms and progressively contracting to 2.5514 million kilograms in 2023. The most notable decline was in 2020 with a year-on-year decrease of 17.1%. Recovery was seen in 2021 with a 20.31% increase, but the market stabilized and slightly contracted by 2023.
In recent years, annual changes have been relatively minimal, and the five-year compound annual growth rate (CAGR) indicates a minor average decline. With a CAGR of -0.075% from 2018 to 2023, the market reflects a stabilization following previous volatility.
Future trends to watch for include advancements in textile technologies, shifts in manufacturing practices, and changes in consumer demand which may influence market growth. Additionally, global supply chain disruptions and sustainability considerations could also play roles in shaping the market trajectory in the forthcoming years.
