The domestic consumption of cotton in the Netherlands is forecasted to decline from 9.0 thousand units in 2024 to 4.0 thousand units by 2028. Compared to 2023, which recorded a consumption of 10.0 thousand units, the data reveals a consistent year-on-year decrease. Specifically, from 2024 to 2025, the consumption drops by 11.1%. Further decreases are observed from 2025 to 2026 (-25%), 2026 to 2027 (-16.7%), and 2027 to 2028 (-20%). The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is -17.5% per year. This declining trend suggests a significant shift in the sector.
Future trends to watch for:
- Substitution of cotton with synthetic or alternative fibers.
- Potential impact of sustainability initiatives on cotton consumption.
- Global market fluctuations influencing local demand.
- Technological advancements in textile manufacturing.
