The European export market for pile fabrics, terry fabrics, knitted or crocheted materials in 2023 shows Spain leading with notable growth of 5.87% in volume share. This is closely followed by Italy and Germany, each with contrasting trends of slight decline and moderate growth, respectively. France and Bulgaria are particularly notable for their strong performance with increases of over 18%. Conversely, the United Kingdom experienced a decline, reflecting broader geopolitical challenges impacting exports.
Looking ahead, key trends to watch in 2024 include:
- Continued growth in Eastern European countries like Bulgaria and Slovenia, driven by competitive pricing and robust production capabilities.
- Potential stabilization or minor recovery in the United Kingdom’s export figures if trade relations improve.
- Increased emphasis on sustainable production practices, influencing market dynamics and potentially benefiting countries leading in eco-friendly manufacturing.
Top countries in Export of Pile Fabrics, Terry Fabrics, Knitted or Crocheted Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 16.02 | 2023 | +4.95% | +5.87% | View data |
| 2 | 2 Italy | 15.63 | 2023 | -0.39% | -1.81% | View data |
| 3 | 3 Germany | 11.88 | 2023 | -0.16% | +4.18% | View data |
| 4 | 4 Netherlands | 8.95 | 2023 | +6.25% | +2.35% | View data |
| 5 | 5 France | 7.69 | 2023 | -0.33% | +21.21% | View data |
| 6 | 6 Bulgaria | 6.21 | 2023 | +5.76% | +18.97% | View data |
| 7 | 7 Portugal | 6.03 | 2023 | +10.16% | +3.09% | View data |
| 8 | 8 United Kingdom | 5.21 | 2023 | -5.61% | -7.32% | View data |
| 9 | 9 Belgium | 4.57 | 2023 | +2.92% | +5.45% | View data |
| 10 | 10 Poland | 3.92 | 2023 | +3.05% | +3.1% | View data |
