The European market for synthetic staple fibres yarn containing at most 85% by weight of such fibres sees Romania leading with a market size value of €309.96 million, followed by Italy at €221.43 million. Other notable countries include Spain (€104.01 million) and France (€23.776 million). In 2023, Romania saw a slight decline of 1.94%, while Italy experienced a marginal decrease of 0.36%. Notably, Lithuania saw a growth of 3.79%, and Sweden increased by 2.92%. The past five years have demonstrated fluctuating growth with different countries experiencing varying growth trends.
Future trends to watch include:
- Potential market expansion in Eastern European countries, driven by increasing industrial capabilities.
- Growing demand for sustainable and innovative fibres may influence the market significantly.
- Potential impacts of geopolitical factors and economic policies on production and trade dynamics across Europe.
- Technological advancements in fibre manufacturing could drive efficacy and cost-effectiveness.
Top countries in Synthetic Staple Fibres Yarn Containing at Most 85% by Weight of Such Fibres Market Size Value by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 309,960,000 | 2023 | -1.51% | -1.94% | View data |
| 2 | 2 Italy | 221,430,000 | 2023 | -0.63% | -0.36% | View data |
| 3 | 3 Spain | 104,010,000 | 2023 | +0.14% | -0.31% | View data |
| 4 | 4 France | 23,776,000 | 2023 | -1.49% | -2.19% | View data |
| 5 | 5 Lithuania | 9,274,700 | 2023 | +5.3% | +3.79% | View data |
| 6 | 6 Greece | 4,782,400 | 2023 | -1.7% | -2.26% | View data |
| 7 | 7 Sweden | 3,567,900 | 2023 | +3.28% | +2.92% | View data |
| 8 | 8 Hungary | 3,172,800 | 2023 | +0.29% | -0.077% | View data |
| 9 | 9 Estonia | 847,100 | 2023 | -2.61% | -1.14% | View data |
