The data for 2023 reveals that Portugal leads the European import share of cotton yarn, making up 35.3% of the total import weight in kilograms. This is followed by Italy and Germany, both holding significant shares. Over the past year, Portugal, France, Greece, Finland, Malta, and Sweden displayed a positive growth trajectory in cotton yarn imports. Conversely, the UK, Belgium, Netherlands, and Slovenia experienced a decline. Notably, Malta showed substantial growth with over a 40% increase. Observing the 5-year CAGR, Portugal exhibits steady progress, highlighting its strong position in the market.
Future trends to watch include potential shifts in market leadership as countries like Finland and Greece show positive trends. The impact of new trade agreements and economic shifts may alter import dynamics within Europe. Monitoring these changes will be crucial for predicting market directions.
Top countries in Import of Cotton Yarn Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 35.3 | 2023 | +3.02% | +3.44% | View data |
| 2 | 2 Italy | 16.73 | 2023 | +1.91% | -1.28% | View data |
| 3 | 3 Germany | 12.78 | 2023 | +1.41% | -1.72% | View data |
| 4 | 4 Poland | 5.94 | 2023 | -1.65% | -2.96% | View data |
| 5 | 5 Spain | 5.02 | 2023 | +0.48% | -4.2% | View data |
| 6 | 6 France | 4.55 | 2023 | +1.24% | +2.6% | View data |
| 7 | 7 Czechia | 3.17 | 2023 | |||
| 8 | 8 Greece | 2.23 | 2023 | +4.44% | +5.48% | View data |
| 9 | 9 Bulgaria | 2.08 | 2023 | -1.28% | -1.31% | View data |
| 10 | 10 Austria | 1.83 | 2023 | -2.76% | -3.76% | View data |
