The European production of cotton yarn is led by Italy, making up 41.76% of the market, followed by Spain with 34.27%. Other significant contributors are Portugal (9.93%) and Greece (4.79%). Smaller shares are held by France (2.02%) and Germany (1.58%), with the remaining countries accounting for less than 1% each. In 2023, Italy experienced a 6.38% increase, while Spain saw a slight decline of 0.64%. Notable increases were observed in France (12.05%), while the United Kingdom faced a significant drop of 15.2%. Austria and Denmark registered the most considerable declines at 27.85% and 28.45%, respectively.
Future trends to watch include potential growth opportunities in underperforming markets like the United Kingdom and Bulgaria if corrective measures and investments are implemented. Additionally, monitoring Italy and France's continued growth will be crucial, as well as observing technological advancements and sustainability efforts that could impact production scales and efficiency.
Top countries in Production of Cotton Yarn Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 41.76 | 2023 | +10.75% | +6.38% | View data |
| 2 | 2 Spain | 34.27 | 2023 | +2.66% | -0.64% | View data |
| 3 | 3 Portugal | 9.93 | 2023 | -10.97% | -1.48% | View data |
| 4 | 4 Greece | 4.79 | 2021 | +49.14% | +43.71% | View data |
| 5 | 5 France | 2.02 | 2023 | +9.63% | +12.05% | View data |
| 6 | 6 Germany | 1.58 | 2021 | +10.75% | -14.61% | View data |
| 7 | 7 United Kingdom | 1.1 | 2023 | +3.53% | -15.2% | View data |
| 8 | 8 Czechia | 0.66 | 2023 | |||
| 9 | 9 Belgium | 0.51 | 2023 | -23.5% | View data | |
| 10 | 10 Macedonia | 0.37 | 2023 | +26.1% | View data |