In 2023, Italy led European production of apparel and furskin articles at 608.24 million euros, with a slight year-over-year growth of 0.69%. Greece, despite its significant size at 87.39 million euros, experienced a decline of 2.43%. Denmark and Spain also saw drops, with Denmark at -3.2% and Spain at -11.59%. Remarkably, the United Kingdom showcased substantial growth at 20.35%. Meanwhile, other countries like Hungary remained flat, and Finland plummeted by 26.38%. Estonia and Croatia had positive growth figures, with Estonia increasing by 19.67% and Croatia by 2.13%. The five-year CAGR highlights a broader declining trend across many countries.
Future trends to observe include the potential recovery of furskin production in countries currently seeing declines, shifts in consumer preference towards sustainable products impacting overall demand, and technological advancements affecting manufacturing efficiencies across major producer countries. The market will likely see significant variations due to these dynamic factors, necessitating agile strategies to capitalize on emerging opportunities.
Top countries in Sold Production of Apparel Articles, Clothing Accessories and Other Articles of Furskin by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 608,240,000 | 2023 | +0.92% | +0.69% | View data |
| 2 | 2 Greece | 87,390,000 | 2023 | +15.6% | -2.43% | View data |
| 3 | 3 Denmark | 3,807,200 | 2023 | +14.4% | -3.2% | View data |
| 4 | 4 Spain | 2,266,800 | 2023 | -8.16% | -11.59% | View data |
| 5 | 5 Portugal | 2,028,000 | 2023 | +5.87% | -0.6% | View data |
| 6 | 6 United Kingdom | 1,917,500 | 2023 | +2.27% | +20.35% | View data |
| 7 | 7 Romania | 1,033,800 | 2023 | -11.33% | -11.57% | View data |
| 8 | 8 Hungary | 947,710 | 2023 | +5.98% | View data | |
| 9 | 9 Finland | 254,490 | 2023 | -59.56% | -26.38% | View data |
| 10 | 10 Estonia | 45,230 | 2023 | +46.08% | +19.67% | View data |
