In Romania, the cotton yarn market has experienced notable fluctuations. The market saw a steady growth from 2013 to 2017, peaking in 2017 at 39.438 million euros. However, a decline set in from 2018 onward, with the market reaching 26.031 million euros in 2023. The downturn from 2017 to 2023 reflects a year-on-year decrease peaking at -16.48% in 2019, primarily due to market saturation and decreasing demand. The last five years show a CAGR of -6.26%, underlining a consistent downtrend.
Future trends to watch for in the cotton yarn market include:
- Sustainability trends urging the adoption of eco-friendly practices.
- Potential recovery driven by technological advancements and demand for high-quality yarns.
- Shifts in global market dynamics due to trade policies and supply chain adjustments.
How does Romania rank in Cotton Yarn Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 562,860,000 | 2023 | +1.94% | +2.02% | View data |
| 2 | 2 Germany | 112,640,000 | 2023 | -9.28% | -9.56% | View data |
| 3 | 3 Czech Republic | 87,748,000 | 2023 | +0.5% | -0.47% | View data |
| 4 | 4 Poland | 77,702,000 | 2023 | -1.59% | -1.25% | View data |
| 5 | 5 Romania | 26,031,000 | 2023 | -1.69% | -6.26% | |
| 6 | 6 Croatia | 15,905,000 | 2023 | +0.025% | -4.2% | View data |
| 7 | 7 Lithuania | 10,185,000 | 2023 | -0.34% | +1.81% | View data |
