In 2023, Belgium dominated the European export of synthetic staple fibres, constituting 33.65% of the total share, followed by Spain at 18.24% and Portugal at 16.52%. Notably, while Spain saw a remarkable increase in exports with a 19.7% year-on-year growth, several key countries such as Italy, Germany, and France experienced declines, particularly France with a decrease of 10.47%. Eastern European countries like Slovakia showed moderate growth, whereas Croatia faced a significant reduction in its export volume. The five-year CAGR indicates a slow but steady trajectory of change.
Future trends to watch include potential recovery and growth in Southern European markets, particularly Spain and Portugal. Technological advancements and sustainability demands could reshape production and export strategies, providing opportunities for innovative exporters in Europe to gain market share. Moreover, economic fluctuations and trade policies will influence the competitive landscape among European countries.
Top countries in Export of Synthetic Staple Fibres Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 33.65 | 2023 | +6.73% | +2.58% | View data |
| 2 | 2 Spain | 18.24 | 2023 | +14.24% | +19.7% | View data |
| 3 | 3 Portugal | 16.52 | 2023 | -1.26% | -2.01% | View data |
| 4 | 4 Italy | 11.55 | 2023 | -6.23% | -5.43% | View data |
| 5 | 5 Germany | 8.48 | 2023 | -8.57% | -5.79% | View data |
| 6 | 6 France | 6.73 | 2023 | -9.42% | -10.47% | View data |
| 7 | 7 Netherlands | 0.81 | 2023 | +1.71% | -1.58% | View data |
| 8 | 8 Czechia | 0.77 | 2023 | |||
| 9 | 9 Bulgaria | 0.67 | 2023 | -6.28% | +0.07% | View data |
| 10 | 10 Romania | 0.57 | 2023 | -8.73% | -5.14% | View data |
