In 2023, Germany dominated the European export market for woven fabrics of synthetic filament yarns with a 24.93% share, showing a minor increase of 2.8% from the previous year. Greece, although retaining the second position, saw a 2.14% decline. Czechia, Netherlands, and Italy also made significant contributions, although Italy experienced a notable decrease of 6.11%. Malta displayed an exceptional 401.93% rise, reflecting a dynamic shift in smaller market players. However, several countries such as the United Kingdom, France, Denmark, and Spain showed a complete halt in exports. Yearly fluctuations and a strategic shift in smaller economies characterize the market dynamics.
Future trends worth noting in the European synthetic filament yarns market include:
- Potential increases in export shares from developing markets like Malta and Ireland, given their recent growth spikes.
- Germany's continued dominance, although facing competitive challenges from emerging exporters.
- The strategic repositioning of traditional textile powerhouses such as Italy and Greece to sustainably regain market shares.
- Technological advancements and sustainability concerns potentially reshaping production and export strategies.
Top countries in Export of Woven Fabrics of Synthetic Filament Yarns Share by Country (Square Meters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.93 | 2023 | +1.66% | +2.8% | View data |
| 2 | 2 Greece | 14.36 | 2023 | +10.07% | -2.14% | View data |
| 3 | 3 Czechia | 9.04 | 2023 | |||
| 4 | 4 Netherlands | 7.46 | 2023 | +3.74% | -0.58% | View data |
| 5 | 5 Italy | 7.32 | 2023 | -3.86% | -6.11% | View data |
| 6 | 6 Bulgaria | 5.83 | 2023 | +4.92% | +2.18% | View data |
| 7 | 7 Poland | 5.81 | 2023 | +1.1% | +2.08% | View data |
| 8 | 8 Austria | 5.79 | 2023 | +2.39% | +2.21% | View data |
| 9 | 9 Romania | 4.68 | 2023 | +3.76% | +5.48% | View data |
| 10 | 10 Slovenia | 3.01 | 2023 | +2.64% | -8.28% | View data |
