Twine And Cordage Market Overview in Malta
The size of the twine and cordage market in Malta dropped rapidly to $ in 2019, with a decrease of -% against 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). Overall, consumption continues to indicate a pronounced descent. The growth pace was the most rapid in 2016 when the market value increased by % y-o-y. Over the period under review, the market hit record highs at $ in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.