In 2023, Italy led European imports of multiple or cabled artificial filament yarn at 32.91% share by kilograms, despite a slight decline of 0.025% year-on-year. Estonia showed remarkable growth, jumping 34.69% to capture a 25.42% share. Germany, though significant at 10.17%, faced a 9.56% decrease. Romania's 9.03% share declined modestly by 2.45%, while Portugal grew by 7.14% to reach a 6.15% share. Smaller markets like Denmark and Lithuania saw substantial growth, with increases of 22.32% and 22.0%, respectively. Conversely, Hungary experienced a notable fall of 17.89%, and Cyprus dropped sharply by 21.96%.
Future trends to watch include the continued robust expansion in Estonia and other emerging markets, influenced by competitive manufacturing capabilities and potentially favorable trade policies. Meanwhile, the declining import shares in traditionally strong markets such as Germany and France suggest a potential need for these countries to innovate and enhance competitiveness to maintain their market position. Watch for developments in sustainability and technological advancements in yarn production, which could further impact these dynamics in the coming years.
Top countries in Import of Multiple or Cabled Artificial Filament Yarn Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 32.91 | 2023 | +2.71% | -0.025% | View data |
| 2 | 2 Estonia | 25.42 | 2023 | +40.98% | +34.69% | View data |
| 3 | 3 Germany | 10.17 | 2023 | -8.31% | -9.56% | View data |
| 4 | 4 Romania | 9.03 | 2023 | -2.62% | -2.45% | View data |
| 5 | 5 Spain | 6.72 | 2023 | +0.95% | -3.58% | View data |
| 6 | 6 Portugal | 6.15 | 2023 | +2.27% | +7.14% | View data |
| 7 | 7 France | 4.86 | 2023 | -8.52% | -6.68% | View data |
| 8 | 8 Greece | 3.15 | 2023 | +15.43% | +1.01% | View data |
| 9 | 9 Netherlands | 1.89 | 2021 | -81.48% | -0.95% | View data |
| 10 | 10 Croatia | 1.38 | 2023 | +4.6% | +1.06% | View data |
