In 2023, Germany led the market with a production value share of 29.76 million euros, followed by Italy (21.98 million euros) and Austria (21.96 million euros). Overall, the sector experienced varied year-on-year changes: Germany (-2.85%), Italy (0.97%), Austria (1.86%), Belgium (-11.0%), Spain (-6.76%), United Kingdom (-6.08%), Portugal (-2.24%), France (2.94%), Poland (2.19%), Czech Republic (1.29%), Serbia (11.57%), Greece (-3.58%), Sweden (-6.06%), and Hungary (-2.64%).
The European Man-Made Fibres sector is expected to see increased demand for sustainable and recycled fibres, driven by consumer preferences and stricter environmental regulations. Advances in production technology and potential expansions in Eastern European countries may shape the future landscape of the industry.
Top countries in Man-Made Fibres Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.76 | 2023 | -2.23% | -2.85% | View data |
| 2 | 2 Italy | 21.98 | 2023 | +6.24% | +0.97% | View data |
| 3 | 3 Austria | 21.96 | 2023 | +6.44% | +1.86% | View data |
| 4 | 4 Belgium | 8.24 | 2023 | -2.61% | -11% | View data |
| 5 | 5 Spain | 6 | 2023 | +0.37% | -6.76% | View data |
| 6 | 6 United Kingdom | 5.67 | 2023 | -1.21% | -6.08% | View data |
| 7 | 7 Portugal | 1.93 | 2023 | +5.56% | -2.24% | View data |
| 8 | 8 France | 1.9 | 2023 | -3.3% | +2.94% | View data |
| 9 | 9 Poland | 1.87 | 2023 | +2.43% | +2.19% | View data |
| 10 | 10 Czech Republic | 1.86 | 2023 | +5.96% | +1.29% | View data |
