From 2013 to 2023, the market size value for cordage, ropes, or cables of polyethylene, polypropylene, nylon, or other polyamides or polyesters in Bulgaria demonstrates a fluctuating trend. Since 2019, there has been a consistent decline in value, reaching 1.2535 million euros in 2023. The last two years showed modest year-on-year declines of approximately 1.5% each, contributing to a Compounded Annual Growth Rate (CAGR) of -1.98% over the past five years.
Future trends to watch for include potential recovery in demand as industries rebound from economic pressures, increasing applications in various sectors, and technological advancements introducing new materials that may impact traditional market shares.
How does Bulgaria rank in Cordage, Ropes or Cables of Polyethylene, Polypropylene, Nylon or Other Polyamides or of Polyesters Measuring at Least 50,000 decitex Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 76,578,000 | 2023 | +2.69% | -1.69% | View data |
| 2 | 2 Spain | 50,682,000 | 2023 | +4.74% | -0.19% | View data |
| 3 | 3 United Kingdom | 45,493,000 | 2023 | -1.25% | -0.31% | View data |
| 4 | 4 Croatia | 3,615,900 | 2023 | +1.6% | +0.37% | View data |
| 5 | 5 Bulgaria | 1,253,500 | 2023 | -1.53% | -1.98% |
