The 2023 data reveals that the Netherlands is the leading European exporter of yarn of synthetic staple fibres containing at most 85% by weight of such fibres, followed by Spain and Germany. Countries like Romania and Italy showed significant year-on-year growth, with Italy seeing a notable 74% increase. Conversely, countries such as Bulgaria and Slovakia experienced substantial declines in exports, highlighting a potential shift in market dynamics. The overall Compound Annual Growth Rate (CAGR) for these nations remains mixed, with some countries like Slovenia presenting a high increase, while the United Kingdom shows a stark decrease.
Future trends to watch include:
- An emerging growth potential in Eastern European markets like Romania and Lithuania, supported by rising production capabilities.
- Sustainable practices and eco-friendly products likely influencing market dynamics, potentially benefiting countries with green innovation.
- The impact of economic and geopolitical factors on trade agreements and barriers, which could alter export volumes significantly.
- Continued technological advancements in synthetic fibres may shift competitive advantages amongst exporting countries.
Top countries in Export of Yarn of Synthetic Staple Fibres Containing at Most 85% by Weight of Such Fibres by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 448,840 | 2023 | +9.52% | +2.77% | View data |
| 2 | 2 Spain | 282,350 | 2023 | +18.07% | +9.53% | View data |
| 3 | 3 Germany | 240,220 | 2023 | +3.96% | +4.64% | View data |
| 4 | 4 Romania | 115,330 | 2023 | +5.17% | +61.49% | View data |
| 5 | 5 Austria | 110,430 | 2023 | +15.31% | +15.43% | View data |
| 6 | 6 Italy | 100,980 | 2023 | +73.84% | +74% | View data |
| 7 | 7 Lithuania | 63,910 | 2023 | +5.1% | +18.03% | View data |
| 8 | 8 France | 56,960 | 2023 | -13.98% | -16.74% | View data |
| 9 | 9 Czechia | 51,180 | 2023 | |||
| 10 | 10 Bulgaria | 17,830 | 2023 | -26.63% | -27.35% | View data |
