In 2023, Italy dominated the European export market for multiple or cabled artificial filament yarn with a share of over 94%, showcasing a strong market presence. Spain and Bulgaria followed with much smaller shares at 1.66% and 0.44%, respectively. Other countries contributed less, with notable decreases from the Netherlands and Germany. The most significant annual change was observed in Denmark, with a growth of over 96%, while Hungary also saw a substantial increase of 77.48%. Over the longer-term horizon, this market displayed varied growth dynamics, impacted by geopolitical and economic conditions across Europe.
Future trends might include:
- An increased focus on sustainability and eco-friendly materials, influencing production and export volumes.
- Potential shifts in trade agreements and regulations post-Brexit and in light of ongoing EU trade negotiations.
- The impact of technological advancements, leading to the development of higher-value filament yarn products.
- Economic recovery post-pandemic, potentially boosting demand in domestic and international markets.
Top countries in Export of Multiple or Cabled Artificial Filament Yarn Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 94.39 | 2023 | -22.49% | +9.04% | View data |
| 2 | 2 Spain | 1.66 | 2023 | +17.22% | -3.35% | View data |
| 3 | 3 Bulgaria | 0.44 | 2023 | +2.42% | -0.77% | View data |
| 4 | 4 Czechia | 0.27 | 2023 | |||
| 5 | 5 Netherlands | 0.14 | 2023 | -4.91% | -23.79% | View data |
| 6 | 6 Croatia | 0.093 | 2023 | +5.81% | +4.07% | View data |
| 7 | 7 Belgium | 0.071 | 2023 | +20.91% | +11.03% | View data |
| 8 | 8 France | 0.036 | 2021 | -25.7% | -24.65% | View data |
| 9 | 9 Romania | 0.024 | 2023 | -14.49% | -2.28% | View data |
| 10 | 10 Denmark | 0.016 | 2023 | -0.32% | +96.51% | View data |
