Germany leads the European sold production of twine, cordage, rope, or cables with a value of 73.476 million euros in 2024, reflecting a modest increase of 1.57% from the previous year. Italy and Spain follow with values of 37.041 and 35.801 million euros, showcasing substantial growth rates at 52.64% and 8.93%, respectively. Denmark also shows positive growth at 15.05% while Romania and Lithuania grew by 8.51% and 18.71%. Conversely, the United Kingdom experienced a notable decline of 21.13%, and Bulgaria saw a slight decrease of 4.0%.
Over a five-year period, Germany stabilized, whereas the significant growth in Italy suggests momentum gained from increased demand or competitiveness. Spain and Denmark demonstrated consistent upward trends, suggesting an improving market position, while the UK appears to be facing challenges that led to a reduction in output. Romania and Lithuania's growth might indicate rising regional manufacturing capabilities. Slovenia remains low in production values, portraying a minimal market share.
Future trends to watch include Italy's rapid expansion, potentially influencing competitive dynamics within the EU. The UK may need strategic shifts to rebound. Additionally, efforts toward sustainable manufacturing and innovations in high-strength materials could shape production across Europe.
Top countries in Sold Production of Twine, Cordage, Rope or Cables Articles by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 73,476,000 | 2023 | +20.12% | +1.57% | View data |
| 2 | 2 Italy | 37,041,000 | 2023 | +31.76% | +52.64% | View data |
| 3 | 3 Spain | 35,801,000 | 2023 | +2.23% | +8.93% | View data |
| 4 | 4 Denmark | 14,182,000 | 2023 | +14.25% | +15.05% | View data |
| 5 | 5 Romania | 6,315,600 | 2023 | +2.39% | +8.51% | View data |
| 6 | 6 United Kingdom | 4,559,900 | 2023 | -2.74% | -21.13% | View data |
| 7 | 7 Bulgaria | 1,295,600 | 2023 | +2.64% | -4% | View data |
| 8 | 8 Lithuania | 1,200,800 | 2023 | +6.42% | +18.71% | View data |
| 9 | 9 Slovenia | 15,300 | 2023 | +6.82% | +0.95% | View data |
