In 2023, Spain dominated the European market for the production of twines of polyethylene or polypropylene at most 50,000 decitex, with a notable share of 57.14%. Spain experienced a significant year-on-year increase of 32.15%. Portugal maintained a considerable share of 21.64% with a minor growth of 4.14%. Italy's production increased substantially by 25.54%, holding a share of 6.52%. Denmark saw the most dramatic growth of 296.67% despite its smaller market share. Conversely, the UK and Finland experienced declines of 9.68% and 37.63%, respectively, indicating potential market challenges.
Future trends to watch include the potential for Spain and Italy to further solidify their dominance through innovative production techniques and increased investment in production capacities. Denmark's sharp increase may signal an emerging player worth monitoring for competitive advantages. Meanwhile, countries experiencing declines may need to pivot strategies to regain market share amidst intensified competition and shifting demand dynamics in the European market.
Top countries in Sold Production of Twines of Polyethylene or Polypropylene of Nylon or Other Polyamides or Polyesters Measuring at Most 50,000 Decitex Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 57.14 | 2023 | +20.93% | +32.15% | View data |
| 2 | 2 Portugal | 21.64 | 2023 | +1.33% | +4.14% | View data |
| 3 | 3 Italy | 6.52 | 2023 | +52.8% | +25.54% | View data |
| 4 | 4 Czechia | 4.71 | 2023 | |||
| 5 | 5 Germany | 1.59 | 2021 | +6.93% | View data | |
| 6 | 6 United Kingdom | 0.93 | 2023 | -2.67% | -9.68% | View data |
| 7 | 7 France | 0.75 | 2023 | -4.79% | -1.53% | View data |
| 8 | 8 Denmark | 0.41 | 2023 | +4.07% | +296.67% | View data |
| 9 | 9 Croatia | 0.17 | 2023 | +2.74% | +6.1% | View data |
| 10 | 10 Finland | 0.098 | 2023 | -10.32% | -37.63% | View data |
