In 2023, the European man-made fibers turnover revealed Austria as the leader with a turnover of 2.18 billion euros, buoyed by a 3.74% increase year-over-year. Despite a decline of 3.7%, Germany followed with a turnover of 1.83 billion euros. Italy experienced a slight drop, while Belgium and Spain saw significant reductions of 9.27% and 5.27% respectively. Notable performers included Hungary, with a substantial 9.24% increase, and Poland’s 2.68% rise. France also grew by 3.35%. Serbia, the Czech Republic, Romania, and Greece showed mild variations.
Looking ahead, the European man-made fibers market may experience a reconfiguration with increasing sustainability trends, technological advancements, and evolving demand patterns. Countries focusing on innovation and green manufacturing techniques will likely lead future growth. Monitoring policy changes and trade dynamics is crucial in anticipating market shifts.
Top countries in Man-Made Fibres Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 2,180 | 2023 | +10.82% | +3.74% | View data |
| 2 | 2 Germany | 1,830 | 2023 | -2.96% | -3.7% | View data |
| 3 | 3 Italy | 1,240 | 2023 | +3.81% | -1.08% | View data |
| 4 | 4 Belgium | 534.3 | 2023 | -0.22% | -9.27% | View data |
| 5 | 5 Spain | 371 | 2023 | +2.32% | -5.27% | View data |
| 6 | 6 United Kingdom | 345.7 | 2023 | -1.62% | -6.34% | View data |
| 7 | 7 Poland | 134.1 | 2023 | +3.31% | +2.68% | View data |
| 8 | 8 Romania | 122.3 | 2023 | +5.89% | -0.34% | View data |
| 9 | 9 France | 121.8 | 2023 | -3.56% | +3.35% | View data |
| 10 | 10 Portugal | 119.1 | 2023 | +4.11% | -1.71% | View data |
