In 2023, Belgium led European exports of man-made fibers, contributing 19.6% of total exports, although experiencing a slight decline of 0.26% from the previous year. Italy and Germany followed, with Italy recording a 0.34% increase, while Germany saw a decrease of 1.11%. Notably, Romania and Bulgaria's exports grew significantly by 3.71% and 3.73% respectively. In contrast, the United Kingdom faced a marked drop of 7.35%, and France's exports shrank by 2.35%. Finland reported a notable surge of 59%, reflecting a unique case compared to other countries.
Future trends to watch include:
- The impact of economic conditions on export capabilities, considering the mixed performances across countries.
- The potential sustained growth of emerging players like Romania and Finland, driven by increasing export volumes year-on-year.
- The post-Brexit adjustments influencing UK export strategies and subsequent recovery or further decline.
- Technological advancements and innovations in man-made fiber production potentially altering competitive dynamics and boosting efficiency.
Top countries in Export of Man-Made Fibres Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 19.6 | 2023 | +2.42% | -0.26% | View data |
| 2 | 2 Italy | 12.25 | 2023 | +4.08% | +0.34% | View data |
| 3 | 3 Germany | 11.06 | 2023 | +0.19% | -1.11% | View data |
| 4 | 4 Netherlands | 9.2 | 2023 | +5.02% | -0.3% | View data |
| 5 | 5 Romania | 6.38 | 2023 | +3.8% | +3.71% | View data |
| 6 | 6 Spain | 5.77 | 2023 | +6.11% | -0.95% | View data |
| 7 | 7 Ireland | 5.19 | 2023 | -1.78% | -0.8% | View data |
| 8 | 8 Czechia | 4.29 | 2023 | |||
| 9 | 9 France | 4.02 | 2023 | +2.47% | -2.35% | View data |
| 10 | 10 Portugal | 3.44 | 2023 | +4.21% | -0.52% | View data |