The Textile Fibres Preparation and Spinning market in Denmark experienced various fluctuations from 2013 to 2023. The market volume stood at 15.661 million kilograms in 2023. Early in the decade, the growth was modest with a slight increase between 2013 and 2014. However, market volume began to decline from 2015 to 2017, driven by a mix of industry dynamics and market conditions. The period between 2018 and 2020 showed minor positive adjustments before hitting a significant uptick in 2021. Following this, the market saw slight decreases in both 2022 and 2023.
Key variations include:
- 2013: 0.82% growth
- 2014: 0.82% growth
- 2015: -2.91% decline
- 2016: -8.8% decline
- 2017: -5.83% decline
- 2018: 2.91% growth
- 2019: 2.83% growth
- 2020: 2.75% growth
- 2021: 10.27% growth
- 2022: -1.31% decline
- 2023: -1.26% decline
The Compound Annual Growth Rate (CAGR) over the past five years averaged 2.57%. Future trends to watch for include the impact of technological advances in textile manufacturing, sustainability practices, and potential shifts in consumer demand which could influence the market volume significantly.
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 631,420,000 | 2023 | -1.24% | -2.41% | View data |
| 2 | 2 Spain | 301,070,000 | 2023 | -0.037% | -0.66% | View data |
| 3 | 3 Portugal | 177,410,000 | 2023 | +2.75% | -3.23% | View data |
| 4 | 4 Germany | 152,790,000 | 2023 | -0.46% | -0.79% | View data |
| 5 | 5 Poland | 76,667,000 | 2023 | +2.06% | -0.34% | View data |
| 6 | 6 Romania | 67,916,000 | 2023 | -0.96% | -1.38% | View data |
| 7 | 7 Lithuania | 37,372,000 | 2023 | +4.94% | +2.05% | View data |
| 8 | 8 Denmark | 15,661,000 | 2023 | -1.26% | +2.57% | |
| 9 | 9 Croatia | 13,241,000 | 2023 | +0.19% | -3.03% | View data |
| 10 | 10 Finland | 4,171,200 | 2023 | +4.48% | +5.42% | View data |
