In 2023, Italy was the leader in European exports of wadding and articles thereof, experiencing significant growth of 18.61% year-on-year. Greece followed with a notable increase of 29.43%. In contrast, Germany saw a large decline of 29.09%. The United Kingdom's exports plummeted to zero. Other notable performers include Croatia with a 17.53% increase and Belgium with a 12.23% rise. Conversely, countries like Slovenia, Ireland, Cyprus, and Luxembourg experienced significant declines. Key countries like France and Germany showed a reduction, while countries with smaller export volumes gradually progressed.
Future trends to watch in European export of wadding and articles thereof include:
- Continued growth potential in Italy and Greece as they capitalize on expanding demand.
- Possible recovery efforts in Germany amid declining export figures.
- Exploration of new markets and diversification strategies in countries with declining exports, such as Slovenia and Ireland.
- Monitoring the impact of geopolitical shifts and trade policies on EU trade dynamics.
Top countries in Export of Wadding and Articles Thereof by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 110,450,000 | 2023 | +0.62% | +18.61% | View data |
| 2 | 2 France | 29,144,000 | 2023 | -1.9% | -1.23% | View data |
| 3 | 3 Poland | 22,517,000 | 2023 | +3.09% | +3.5% | View data |
| 4 | 4 Spain | 20,002,000 | 2023 | +2.84% | +7.79% | View data |
| 5 | 5 Netherlands | 13,508,000 | 2023 | +4.93% | +1.33% | View data |
| 6 | 6 Germany | 13,293,000 | 2023 | +1.23% | -29.09% | View data |
| 7 | 7 Greece | 10,592,000 | 2023 | +1.89% | +29.43% | View data |
| 8 | 8 Bulgaria | 10,428,000 | 2023 | +4.1% | +4.59% | View data |
| 9 | 9 Lithuania | 8,870,100 | 2023 | +2.22% | +2.54% | View data |
| 10 | 10 Hungary | 6,449,300 | 2023 | +2% | +6.26% | View data |
