The European sold production of vegetable, bast fibres or paper yarn in 2023 was led by Italy, with a significant 44.57 million Euros, followed by Spain with 9.78 million Euros, and Croatia with 8.68 million Euros. Lithuania and the United Kingdom had much smaller outputs at 0.74 million Euros and 0.58 million Euros, respectively. Notably, Lithuania saw the highest year-on-year increase in 2023 at 8.88%, whereas the United Kingdom experienced a decline of 2.34%. Italy also observed a slight decline, whereas Croatia managed a modest growth.
Looking ahead, potential factors influencing future trends in the European market for these fibers include:
- Sustainability initiatives encouraging the use of natural fibers.
- Technological advancements enhancing production efficiency.
- Economic and trade policies impacting raw material availability.
- Changes in consumer preferences towards sustainable products.
Top countries in Sold Production of Vegetable, Bast Fibres or Paper Yarn by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44,570,000 | 2023 | +11.91% | -0.84% | View data |
| 2 | 2 Spain | 9,781,000 | 2021 | +31.84% | View data | |
| 3 | 3 Croatia | 8,675,100 | 2023 | +0.9% | +1.13% | View data |
| 4 | 4 Lithuania | 738,710 | 2023 | +5.16% | +8.88% | View data |
| 5 | 5 United Kingdom | 584,500 | 2023 | -2.65% | -2.34% | View data |
