In 2023, Italy led the European market with a net operating surplus of 8.07 billion Euros in textiles, wearing apparel, and leather products, a minimal growth of 0.41%. Spain and Germany followed, demonstrating robust increases of 2.36% and 1.84%, respectively. France experienced a significant rise of 6.0%, indicating solid growth potential. Markets like Netherlands and Estonia also showed positive trends, contrasting Austria, which declined by 1.54%. Despite being in the positive, Belgium and several smaller markets like Greece saw no variation.
Future trends to watch include Italy's innovation-driven leadership, Spain's sustainable fashion growth, and France's diversification strategies. Germany's focus on technology integration could further boost its net operating surplus.
Top countries in Net Operating Surplus in Textiles, Wearing Apparel, Leather Products by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 8,070 | 2023 | +0.72% | +0.41% | View data |
| 2 | 2 Spain | 6,490 | 2023 | +1.87% | +2.36% | View data |
| 3 | 3 Germany | 1,660 | 2023 | +2.92% | +1.84% | View data |
| 4 | 4 France | 974 | 2023 | +2.1% | +6% | View data |
| 5 | 5 Netherlands | 349 | 2023 | +1.45% | +2.53% | View data |
| 6 | 6 Slovakia | 220.73 | 2023 | +0.97% | View data | |
| 7 | 7 Luxembourg | 175.82 | 2023 | +3.88% | +4.18% | View data |
| 8 | 8 Lithuania | 161.1 | 2023 | -0.062% | +1.95% | View data |
| 9 | 9 Austria | 157.45 | 2023 | -2.74% | -1.54% | View data |
| 10 | 10 Finland | 121 | 2023 | +0.83% | View data |
