The wool yarn market size in Portugal exhibited varied trends from 2013 to 2023. Notable fluctuations include a peak value in 2019, influenced by a significant yearly increase from 2018 to 2019. Successive downturns in 2020 and 2021 led to recovery in 2022, with growth stabilizing slightly by 2023 at 35.559 Million Euros. Year-over-year variations highlight market volatility, with the recent average annual growth rate showing a positive trend over the last five years.
Future Trends to Watch For:
- Potential impacts from global supply chain dynamics and raw material availability.
- Emerging consumer preferences in sustainable and locally sourced yarn.
- Technological advancements in textile manufacturing processes.
