In 2023, Italy leads European production of man-made fibres with €769.07 million, showing a 5.97% YoY growth. Germany's production, €559.14 million, declined by 1.43%. Denmark (€161.09 million) and Romania (€156.57 million) exhibit small upward trends of 1.08% and 5.3% respectively. Spain’s €117.48 million represents a slight drop of 0.29%. The UK dropped significantly to €17.095 million (-19.87%). Growth leaders were Estonia (€32.433 million, +7.49%) and Portugal (€41.454 million, +2.57%). Stability is seen in Slovakia and Finland.
Future trends suggest possible expansion in Eastern European countries as they modernize production capacities. Investment in sustainable fibre technologies and increasing demand for eco-friendly products could shift production dynamics, especially considering EU's stringent environmental regulations.
Top countries in Sold Production of Man-Made Fibres by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 769,070,000 | 2023 | +10.79% | +5.97% | View data |
| 2 | 2 Germany | 559,140,000 | 2023 | +1.84% | -1.43% | View data |
| 3 | 3 Denmark | 161,090,000 | 2023 | +0.076% | +1.08% | View data |
| 4 | 4 Romania | 156,570,000 | 2023 | +6.94% | +5.3% | View data |
| 5 | 5 Spain | 117,480,000 | 2023 | +4.36% | -0.29% | View data |
| 6 | 6 Poland | 98,163,000 | 2023 | +4.21% | +0.66% | View data |
| 7 | 7 Belgium | 54,206,000 | 2021 | +47.98% | -8.79% | View data |
| 8 | 8 Bulgaria | 48,404,000 | 2023 | +5.64% | +4.08% | View data |
| 9 | 9 Portugal | 41,454,000 | 2023 | +4.05% | +2.57% | View data |
| 10 | 10 Estonia | 32,433,000 | 2023 | +6.82% | +7.49% | View data |
