The 2023 data on European imports of Terry Towelling and similar woven terry fabrics not of cotton highlights notable trends: Ireland led with a significant share, while Belgium and Italy followed with contrasting trajectories, Belgium growing substantially at 40.88% and Italy contracting by 17.1%. Positive movements were noted in France, Greece, and Portugal, alongside a remarkable rise in Croatia of 102.18%. Conversely, Poland and Bulgaria faced more substantial declines, hinting at potential challenges in these markets.
Future trends to watch:
- Continued growth in emerging markets like Croatia and Greece could shift the market dynamics significantly.
- Belgium and Portugal’s strong positive trends might signal consolidating strengths in these regions, potentially impacting competitive landscapes.
- The potential for market recovery in declining regions like Italy and Spain could reflect changes in consumer preferences or supply chain disruptions.
Top countries in Import of Terry Towelling and Similar Woven Terry Fabrics Not of Cotton Share by Country (Square Meters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 22.85 | 2023 | +17.44% | +3.75% | View data |
| 2 | 2 Belgium | 20.63 | 2023 | +47.61% | +40.88% | View data |
| 3 | 3 Italy | 12.96 | 2023 | +18.33% | -17.1% | View data |
| 4 | 4 United Kingdom | 12.54 | 2023 | -2.01% | -1.66% | View data |
| 5 | 5 France | 5.94 | 2023 | +3.65% | +26.09% | View data |
| 6 | 6 Greece | 5.93 | 2023 | +16.26% | +71.3% | View data |
| 7 | 7 Spain | 4.79 | 2023 | -2.67% | -6.22% | View data |
| 8 | 8 Romania | 3.4 | 2023 | -4.65% | -6.51% | View data |
| 9 | 9 Portugal | 3.03 | 2023 | +66.2% | +78.25% | View data |
| 10 | 10 Netherlands | 2.44 | 2023 | -4.3% | +8.14% | View data |
