The 2023 data reveals that Germany leads in synthetic staple fibers yarn production in Europe, followed closely by Spain and Italy. Other notable contributing countries are the United Kingdom and Bulgaria. Over the course of 2023, production in Germany decreased by 6.14%, while Spain saw a modest growth of 0.97%. Italy faced a significant decline of 11.26%. Meanwhile, Denmark experienced remarkable growth at 34.08%. Long-term trends indicate varying CAGR with notable declines in most countries except Denmark, highlighting shifts in production dynamics.
Future trends to watch include potential growth in Denmark, as indicated by their recent surge, and challenges for countries like Italy and Germany, which might need to adapt to maintain their market positions. There is also potential for technological advancements and increased sustainability efforts to impact production strategies across different countries.
Top countries in Sold Production of Synthetic Staple Fibres Yarn Containing at Least 85% by Weight of Such Fibres Share by Country (Kilograms)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.8 | 2023 | -2.68% | -6.14% | View data |
| 2 | 2 Spain | 30.57 | 2023 | +6.84% | +0.97% | View data |
| 3 | 3 Italy | 22.74 | 2023 | -10.53% | -11.26% | View data |
| 4 | 4 United Kingdom | 5.82 | 2023 | +6.39% | +3.81% | View data |
| 5 | 5 Bulgaria | 1.85 | 2023 | -11.04% | -8.58% | View data |
| 6 | 6 Lithuania | 0.84 | 2023 | -19.79% | -13.05% | View data |
| 7 | 7 France | 0.26 | 2023 | -63.12% | -39.71% | View data |
| 8 | 8 Poland | 0.2 | 2023 | -44.56% | -29.59% | View data |
| 9 | 9 Denmark | 0.072 | 2023 | +112.46% | +34.08% | View data |
