In 2023, Portugal led the European production of knitted or crocheted fabrics with 23.44% of the share, despite a decrease of 7.3% from the previous year. Italy followed with a slight decline at 20.54%, and Spain saw a positive growth of 1.66% at 17.08%. The UK experienced a notable increase of 5.04%, while France faced a significant drop of 8.02%. Finland showed impressive growth of 13.39%, whereas countries like Belgium and Greece saw declines. This varied performance reflects mixed trends across regions, with emerging markets showing potential despite some major economies experiencing downturns.
Future trends to watch for include potential growth in Scandinavian and Eastern European markets, driven by innovation and investment in sustainable production practices. Additionally, the impact of EU regulations on textile sustainability could reshuffle market dynamics, emphasizing eco-friendly processes.
Top countries in Sold Production of Knitted or Crocheted Fabrics Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 23.44 | 2023 | +2.37% | -7.3% | View data |
| 2 | 2 Italy | 20.54 | 2023 | -3.39% | -0.1% | View data |
| 3 | 3 Spain | 17.08 | 2023 | +1.15% | +1.66% | View data |
| 4 | 4 Sweden | 9.85 | 2023 | -7.84% | View data | |
| 5 | 5 United Kingdom | 7.52 | 2023 | +1.14% | +5.04% | View data |
| 6 | 6 Poland | 4.21 | 2023 | -3.15% | -3.51% | View data |
| 7 | 7 Czechia | 3.96 | 2023 | |||
| 8 | 8 France | 2.46 | 2023 | -16.36% | -8.02% | View data |
| 9 | 9 Austria | 2.04 | 2021 | +24.51% | View data | |
| 10 | 10 Finland | 1.83 | 2023 | +3.14% | +13.39% | View data |