European cotton woven fabric imports in 2023 showed Italy leading with 446.35 million square meters, followed by Germany with 288.18 million square meters, and Spain with 248.25 million square meters. Largest growth was observed in Hungary, with an 8.49% increase, while Slovakia experienced a significant decline of 20.45%. Other noteworthy declines included Belgium with -9.19% and Estonia with -10.95%.
Countries such as Portugal and Austria had moderate growth at 2.35% and 3.47% respectively. Major markets like Italy, Germany, and France saw reductions around 3%. Decreases in smaller importers like Denmark and Finland, which had -15.64% and -7.19% respectively, indicate shifts in market dynamics.
Future trends to watch include:
- The potential for emerging markets like Hungary and Ireland to continue their positive growth trajectory.
- Further declines in smaller markets may signal structural changes or shifts in sourcing strategies within the region.
- Stabilization or partial recovery in major markets like Italy and Germany, given their substantial import volumes despite recent decreases.
Top countries in Import of Cotton Woven Fabrics by Country
# | 10 Countries | Square Meters | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 446,350,000 | 2023 | -3.82% | -3.04% | View data |
2 | 2 Germany | 288,180,000 | 2023 | -2.6% | -3.89% | View data |
3 | 3 Spain | 248,250,000 | 2023 | +0.71% | -2.6% | View data |
4 | 4 Portugal | 191,950,000 | 2023 | +1.2% | +2.35% | View data |
5 | 5 Poland | 149,370,000 | 2023 | -2.47% | -3.16% | View data |
6 | 6 France | 148,550,000 | 2023 | -5.85% | -3.44% | View data |
7 | 7 Romania | 130,250,000 | 2023 | -0.74% | -2.81% | View data |
8 | 8 Belgium | 119,320,000 | 2023 | -10.18% | -9.19% | View data |
9 | 9 Netherlands | 118,970,000 | 2023 | -3.76% | -1.46% | View data |
10 | 10 Austria | 94,152,000 | 2023 | +3.18% | +3.47% | View data |