In 2024, Lithuania leads the European production of wool or fine animal hair yarn with 15.351 million kilograms, followed by Italy at 5.9791 million kilograms. Finland shows a modest volume of 0.92982 million kilograms, with Norway and Romania trailing. Spain, the United Kingdom, Portugal, Estonia, Hungary, Latvia, and Poland occupy lower production tiers.
Year-on-year variations indicate a significant decline for Italy (-18.49%) and Portugal (-34.45%). Finland and Hungary experienced increases of 6.42% and 15.53%, respectively, whereas Norway, Estonia, and Poland saw declines. The production volumes for Lithuania, Romania, Spain, the UK, and Latvia remained unchanged from the previous year. The average annual variation or CAGR over the last five years shows diverse trends across different countries.
Future trends to watch for European production of wool or fine animal hair yarn include potential recovery in Italian production, driven by innovation and sustainability efforts. Monitoring Finland and Hungary's growth trajectories could provide insights into new market entrants or technological advancements. Lastly, shifts in consumer preferences towards sustainable and locally-produced yarns may drive demand in traditionally lower-output countries.
Top countries in Production of Wool or Fine Animal Hair Yarn by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 15,351,000 | 2023 | +64.21% | View data | |
| 2 | 2 Italy | 5,979,100 | 2023 | +0.079% | -18.49% | View data |
| 3 | 3 Finland | 929,820 | 2023 | +3.58% | +6.42% | View data |
| 4 | 4 Norway | 470,570 | 2023 | -20.58% | -5.1% | View data |
| 5 | 5 Romania | 287,640 | 2023 | -10.29% | View data | |
| 6 | 6 Spain | 170,040 | 2023 | +30.8% | View data | |
| 7 | 7 United Kingdom | 101,030 | 2023 | -19.68% | View data | |
| 8 | 8 Portugal | 25,170 | 2023 | -0.49% | -34.45% | View data |
| 9 | 9 Estonia | 16,870 | 2023 | -0.92% | -5.37% | View data |
| 10 | 10 Hungary | 8,230 | 2023 | +174.43% | +15.53% | View data |
