The European textiles manufacturing turnover per employee in 2023 ranks Denmark highest among countries, with notable figures also from the Netherlands and Iceland. In contrast, countries like Bosnia and Herzegovina and Latvia hold the lower end of this metric. Despite the varying turnover values, identifying the year-on-year variations and calculating the compound annual growth rate (CAGR) over the last five years was not possible due to nil variations. The consistent turnover per employee hints at a stable industry with minimal drastic fluctuations across European countries.
Future trends to watch in the European textiles sector include:
- Increased automation and tech integration potentially boosting turnover efficiency.
- Shifts in consumer preferences towards sustainable and ethical production methods.
- Tariff changes resulting from evolving trade agreements impacting production costs.
- The role of innovation in fabric technology influencing competitiveness globally.
Top countries in Textiles Manufacturing Turnover Per Employee by Country
| # | 10 Countries | Thousand Euros | Last Year | |
|---|---|---|---|---|
| 1 | 1 Denmark | 307.4 | 2023 | View data |
| 2 | 2 Netherlands | 261.9 | 2023 | View data |
| 3 | 3 Iceland | 249.5 | 2023 | View data |
| 4 | 4 Belgium | 239.7 | 2023 | View data |
| 5 | 5 Norway | 238.5 | 2023 | View data |
| 6 | 6 Austria | 216.8 | 2023 | View data |
| 7 | 7 Switzerland | 194 | 2023 | View data |
| 8 | 8 Italy | 187.1 | 2023 | View data |
| 9 | 9 France | 186.2 | 2023 | View data |
| 10 | 10 Sweden | 185.6 | 2023 | View data |