In 2023, Spain led Europe in the production of multiple or cabled synthetic filament yarn, albeit with a 3.88% year-over-year decline. Germany followed, experiencing a 4.73% decrease. The Czech Republic maintained stable production levels, while France saw a modest 1.54% increase. However, Portugal's production dropped by 5.5%. Noteworthy is Serbia's growth of 5.87% and Italy's substantial rise of 34.96%. Hungary, Romania, and Slovakia showed either marginal declines or stasis, while Lithuania's production inched upward by 2.96%. Croatia and Bulgaria faced significant declines of 13.95% and 19.21%, respectively.
Looking ahead, the industry should watch for technological advancements and shifts toward sustainable practices, impacting production levels and competitive positioning across countries. Additionally, global economic conditions and trade policies will likely influence market dynamics and investment decisions in Europe’s synthetic filament yarn sector.
Top countries in Production of Multiple or Cabled Synthetic Filament Yarn by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 13,992,000 | 2023 | +3.85% | -3.88% | View data |
| 2 | 2 Germany | 11,219,000 | 2023 | +3.15% | -4.73% | View data |
| 3 | 3 Czech Republic | 9,100,200 | 2023 | +4.9% | View data | |
| 4 | 4 France | 7,929,800 | 2023 | -0.69% | +1.54% | View data |
| 5 | 5 Portugal | 3,481,900 | 2023 | +1.62% | -5.5% | View data |
| 6 | 6 Serbia | 2,866,900 | 2023 | +4.17% | +5.87% | View data |
| 7 | 7 Italy | 2,785,700 | 2023 | +133.79% | +34.96% | View data |
| 8 | 8 Hungary | 2,393,900 | 2023 | +0.038% | -1.45% | View data |
| 9 | 9 Romania | 1,219,900 | 2023 | View data | ||
| 10 | 10 Lithuania | 580,710 | 2023 | +3.39% | +2.96% | View data |