In 2023, Ireland dominated the European export market for printing machinery used in textile production, showing a remarkable 500.47% increase from the previous year. Meanwhile, other countries like Lithuania (+245.39%), Hungary (+28.44%), and Greece (+28.34%) also showed significant growth. Conversely, Belgium saw a sharp decline of 43.86%, alongside Germany (-16.29%) and Bulgaria (-14.27%). Italy showed moderate growth of 10.39%, while the Netherlands and the United Kingdom experienced stagnation or declines.
Future trends to watch include:
- Potential shifts in Europe-based innovations increasing competitiveness in textile machinery.
- Focus on sustainability leading to demand for newer, eco-friendly printing technologies.
- Economic and political factors impacting export dynamics, especially in light of Brexit and EU trade policies.
- Digital transformation in the textile industry continuing to drive demand for advanced machinery.
Top countries in Export of Printing Machinery for Printing Textile Materials by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 23,420 | 2023 | +3.42% | +500.47% | View data |
| 2 | 2 Belgium | 2,040 | 2023 | +6.04% | -43.86% | View data |
| 3 | 3 Hungary | 1,810 | 2023 | +6.14% | +28.44% | View data |
| 4 | 4 Czechia | 1,610 | 2023 | |||
| 5 | 5 France | 1,570 | 2023 | +5.25% | -3.62% | View data |
| 6 | 6 Portugal | 1,290 | 2023 | -23.59% | -11.66% | View data |
| 7 | 7 Lithuania | 983 | 2023 | +7.31% | +245.39% | View data |
| 8 | 8 Italy | 823 | 2023 | +11.97% | +10.39% | View data |
| 9 | 9 Bulgaria | 282 | 2023 | +5.62% | -14.27% | View data |
| 10 | 10 Austria | 276 | 2023 | 0% | +0.97% | View data |
