In 2023, Spain led the European production of woven fabrics of synthetic staple fibers mixed with cotton, with a value of 65.541 million square meters, experiencing a growth of 0.44%. Germany follows, with 12.756 million square meters but faced a decline of 6.5%. Italy also declined by 5.2% to 4.7765 million square meters. Lithuania showed robust growth of 7.2%, achieving 1.992 million square meters. Meanwhile, Belgium and Portugal experienced significant downturns of 12.22% and 23.67%, respectively. The compound annual growth rate (CAGR) over the last five years is crucial for understanding the broader trends.
Future trends to watch:
- Potential for recovery in countries with declining production, such as Belgium and Portugal, as market conditions change.
- Growth opportunities driven by innovation in fiber technology and sustainable practices.
- Increasing focus on cross-border collaboration within the EU to bolster production capacity and competitiveness.
- Monitoring the impact of global economic conditions on production capabilities and exports.
Top countries in Sold Production of Woven Fabrics of Synthetic Staple Fibres Containing at Most 85% by Weight of Such Fibres Mixed Mainly or Solely with Cotton by Country
| # | 6 Countries | Square Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 65,541,000 | 2023 | -1.74% | +0.44% | View data |
| 2 | 2 Germany | 12,756,000 | 2023 | +4.73% | -6.5% | View data |
| 3 | 3 Italy | 4,776,500 | 2023 | -67.63% | -5.2% | View data |
| 4 | 4 Lithuania | 1,992,000 | 2023 | +5.74% | +7.2% | View data |
| 5 | 5 Belgium | 1,965,400 | 2023 | -9.1% | -12.22% | View data |
| 6 | 6 Portugal | 275,890 | 2023 | -53.73% | -23.67% | View data |
