Italy dominates the European export market for felt hats, holding nearly half of the market share at 48.9%, despite a significant year-on-year decline of 17.4% in 2023. Belgium follows with a robust increase of 23.18%, securing a 23.71% share. Other key markets include Germany, Netherlands, and Denmark, showing moderate growth. Notably, Spain and France experienced complete withdrawal from exports, and Malta recorded a substantial surge of 217.75%. Over the last five years, fluctuating growth rates are observed, hinting at volatile market dynamics.
Future trends to monitor include the impact of fashion trends and sustainability practices on material choices and production processes. Additionally, economic shifts and trade policies in Europe could alter competitive dynamics, shaping export volumes and country shares.
Top countries in Export of Felt Hats and Other Felt Headgear, Made from Hat Bodies or Hoods and Plateaux Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 48.9 | 2023 | +20.58% | -17.4% | View data |
| 2 | 2 Belgium | 23.71 | 2023 | +7.45% | +23.18% | View data |
| 3 | 3 Germany | 5.82 | 2023 | +6.11% | +3.59% | View data |
| 4 | 4 Netherlands | 4.26 | 2023 | +9.96% | +0.35% | View data |
| 5 | 5 Poland | 3.84 | 2023 | +0.079% | +3.6% | View data |
| 6 | 6 Sweden | 3.24 | 2023 | +6.12% | +4.7% | View data |
| 7 | 7 Spain | 2.34 | 2023 | +0.36% | View data | |
| 8 | 8 Czechia | 1.97 | 2023 | |||
| 9 | 9 Hungary | 1.63 | 2023 | +1.69% | +22.77% | View data |
| 10 | 10 Austria | 1.49 | 2023 | -2.15% | +6.64% | View data |
