The European market for Synthetic Staple Fibres Yarn containing at least 85% by weight shows varied trends by country in 2023. Italy leads the market with significant volume, followed closely by Germany, though Germany experienced a 4.51% decline from the previous year. Spain and the United Kingdom saw growth, with year-on-year increases of 3.32% and 2.58%, respectively. France experienced a slight decrease of 0.9%. Notably, Poland recorded the largest decline at 8.12%, while smaller markets like Denmark and Lithuania maintained stable growth.
Future trends to watch include:
- Potential recovery for Germany and Poland from recent declines.
- The sustained increase in demand from Spain and the United Kingdom.
- Italy's market dominance and whether it maintains or adjusts its trajectory.
- Increasing environmental regulations potentially affecting market dynamics across Europe.
Top countries in Synthetic Staple Fibres Yarn Containing at Least 85% by Weight of Such Fibres Market Size Volume by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 37,645,000 | 2023 | +1.81% | +1.91% | View data |
| 2 | 2 Germany | 35,488,000 | 2023 | -2.61% | -4.51% | View data |
| 3 | 3 Spain | 27,804,000 | 2023 | +2.42% | +3.32% | View data |
| 4 | 4 United Kingdom | 14,091,000 | 2023 | +1.5% | +2.58% | View data |
| 5 | 5 France | 10,747,000 | 2023 | +1.07% | -0.9% | View data |
| 6 | 6 Austria | 4,113,900 | 2023 | +1.44% | +1.68% | View data |
| 7 | 7 Poland | 3,578,500 | 2023 | -10.12% | -8.12% | View data |
| 8 | 8 Denmark | 1,515,100 | 2023 | -0.54% | +0.2% | View data |
| 9 | 9 Greece | 1,039,500 | 2023 | -0.6% | -1.17% | View data |
| 10 | 10 Lithuania | 785,880 | 2023 | +0.26% | +1.33% | View data |
