In 2023, Italy dominated the European sold production of wool yarn share with 63.03%, followed by the United Kingdom at 9.56% and Poland at 8.06%. Romania and Denmark held 6.52% and 3.38%, respectively. Other significant players included Lithuania (3.07%), Norway (2.41%), and Finland (1.5%). Portugal, Spain, France, and Germany contributed lesser shares, while Estonia, Bulgaria, and Hungary had minimal impact.
Year-on-year variations show:- Italy experienced a minor decline of 0.01%.- The United Kingdom saw a decrease of 0.72%.- Poland grew by 5.33%.- Romania increased by 1.93%.- Denmark rose by 0.86%.- Lithuania saw a 2.96% increase.- Norway and Finland increased significantly by 7.54% and 7.77%, respectively.- Portugal decreased by 2.72%.- Spain fell by 3.69%.- France and Germany dropped notably by 8.76% and 7.91%, respectively.- Estonia and Bulgaria decreased by 4.51% and 18.46%, respectively.- Hungary experienced an increase of 6.25%.
Looking ahead, future trends to monitor include the impact of economic conditions on production capacities across European countries, technological advancements in wool yarn manufacturing, and potential changes in trade policies or regulations that may influence market dynamics. There is also interest in sustainable and eco-friendly production practices, which could shift market shares among countries.
Top countries in Sold Production of Wool Yarn Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 63.03 | 2023 | +7.15% | -0.01% | View data |
| 2 | 2 United Kingdom | 9.56 | 2023 | -0.81% | -0.72% | View data |
| 3 | 3 Poland | 8.06 | 2023 | +5.84% | +5.33% | View data |
| 4 | 4 Romania | 6.52 | 2023 | +5.33% | +1.93% | View data |
| 5 | 5 Denmark | 3.38 | 2023 | +24.98% | +0.86% | View data |
| 6 | 6 Lithuania | 3.07 | 2023 | +2.97% | +2.96% | View data |
| 7 | 7 Norway | 2.41 | 2023 | +3.74% | +7.54% | View data |
| 8 | 8 Finland | 1.5 | 2023 | +4.1% | +7.77% | View data |
| 9 | 9 Portugal | 1.26 | 2023 | +10.47% | -2.72% | View data |
| 10 | 10 Spain | 0.79 | 2023 | -4.69% | -3.69% | View data |
