The European sold production of made-up textile articles shows notable discrepancies across countries. Italy and Germany are the leading producers, with a valuation of €1.6992 billion and €1.6307 billion respectively. Spain and the United Kingdom follow, each with over €1 billion in production value. France and Poland also display substantial production, albeit less compared to the top four.
Significant year-on-year changes have been observed. Germany, Spain, and Portugal exhibit robust growth rates over the last year with increases of 4.82%, 4.5%, and 4.95%, respectively. Conversely, countries like France and the United Kingdom experienced declines, with France’s production falling by 5.47% and the UK by 0.73%. Other notable trends include Belgium's significant growth of 21.92% and Bulgaria's 6.15% rise. On the other end, Norway's production plummeted by 40.88%, and Slovenia saw a decrease of 13.9%.
Future trends to watch include the potential growth in Eastern European countries as they modernize and expand their textile industries. Additionally, fluctuations in market demands and economic conditions will continue to influence production capacities and values. Environmental policies and innovations in sustainable textile manufacturing may also drive significant changes in production dynamics and competitiveness across Europe.
Top countries in Sold Production of Made-Up Textile Articles by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,699,200,000 | 2023 | +2.22% | +2.88% | View data |
| 2 | 2 Germany | 1,630,700,000 | 2023 | +2% | +4.82% | View data |
| 3 | 3 Spain | 1,204,600,000 | 2023 | +4.37% | +4.5% | View data |
| 4 | 4 United Kingdom | 1,177,400,000 | 2023 | -1.84% | -0.73% | View data |
| 5 | 5 France | 891,760,000 | 2023 | +0.66% | -5.47% | View data |
| 6 | 6 Poland | 884,720,000 | 2023 | +3.02% | +4.12% | View data |
| 7 | 7 Portugal | 806,090,000 | 2023 | +6.13% | +4.95% | View data |
| 8 | 8 Romania | 542,460,000 | 2023 | +2.7% | +2.49% | View data |
| 9 | 9 Belgium | 402,770,000 | 2023 | -0.32% | +21.92% | View data |
| 10 | 10 Denmark | 290,970,000 | 2023 | +1.97% | +2.16% | View data |
