Based on the most recent data, Italy leads the European market in sold production of cotton yarn with a value of €767.96 million, followed by Spain at €184.16 million and Greece at €23.291 million. Other notable countries include France at €20.735 million and Portugal at €19.187 million. Noteworthy is Germany with €13.656 million and smaller players like Hungary, Bulgaria, and the United Kingdom. Norway has a minimal share with €0.03416 million in sales.
Year-on-year variations highlight different trends: Italy experienced a growth of 3.78%, while Spain faced a decline of 3.4%. Significant contraction was seen in Portugal with a drop of 26.29%. Countries like Hungary and Bulgaria had modest changes at 2.23% and -6.68% respectively. The United Kingdom and Norway remained stable without variation.
Looking ahead, the European sold production of cotton yarn may experience several shifts due to changing market dynamics. Watch for:
- Technological advancements in textile manufacturing.
- Shifts in consumer preferences towards sustainable and organic cotton.
- Economic factors such as trade policies and raw material prices.
Top countries in Sold Production of Cotton Yarn by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 767,960,000 | 2023 | +11.48% | +3.78% | View data |
| 2 | 2 Spain | 184,160,000 | 2023 | -1.3% | -3.4% | View data |
| 3 | 3 Greece | 23,291,000 | 2021 | -34.63% | +34.24% | View data |
| 4 | 4 France | 20,735,000 | 2021 | +922.06% | +2.4% | View data |
| 5 | 5 Portugal | 19,187,000 | 2023 | -25.78% | -26.29% | View data |
| 6 | 6 Germany | 13,656,000 | 2021 | +12.71% | -19.62% | View data |
| 7 | 7 Hungary | 9,032,600 | 2023 | +1.22% | +2.23% | View data |
| 8 | 8 Bulgaria | 6,807,000 | 2023 | +2.04% | -6.68% | View data |
| 9 | 9 United Kingdom | 4,601,100 | 2023 | +4% | View data | |
| 10 | 10 Norway | 34,160 | 2023 | +2.9% | View data |
