Woolen Yarn Market Overview in Poland
In value terms, woolen yarn production surged to $ in 2018 estimated in export prices. In general, production saw a deep downturn. The most prominent rate of growth was recorded in 2009 when the production volume increased by % y-o-y. Over the period under review, production attained the maximum level at $ in 2007; however, from 2008 to 2018, production failed to regain the momentum.
The size of the woolen yarn market in Poland stood at $ in 2018, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated noticeable growth from 2007 to 2018: its value increased at an average annual rate of +% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, consumption increased by +% against 2009 indices. The pace of growth was the most pronounced in 2013 when the market value increased by % year-to-year. Woolen yarn consumption peaked in 2018 and is likely to continue growth in the near future.