The European import of felt hats and other felt headgear is led by the United Kingdom, though it saw a decrease in import share recently. Portugal showed significant growth, with a remarkable 53.25% year-on-year increase in 2023, making it a key market. Spain and the Netherlands also experienced notable increases. Conversely, countries like Sweden and Germany saw declines. The positive dynamics in countries like Bulgaria, Italy, and Lithuania contrast with declines in countries like Slovakia and Greece, indicating varied regional performance trends.
Future trends to watch include Portugal's continued rise, driven by increased demand and manufacturing capabilities, and the recovery potential of markets that experienced declines, such as Sweden and the United Kingdom. Additionally, sustainability and fashion innovation could influence import patterns across Europe.
Top countries in Import of Felt Hats and Other Felt Headgear, Made from Hat Bodies or Hoods and Plateaux Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 20.63 | 2023 | +2.36% | -6.05% | View data |
| 2 | 2 Portugal | 18.36 | 2023 | +8.1% | +53.25% | View data |
| 3 | 3 Spain | 10.95 | 2023 | +9.59% | +13.67% | View data |
| 4 | 4 France | 7.88 | 2023 | -0.35% | +4.77% | View data |
| 5 | 5 Sweden | 6.96 | 2023 | +6.82% | -8.33% | View data |
| 6 | 6 Netherlands | 6.59 | 2023 | +14.74% | +10.78% | View data |
| 7 | 7 Germany | 5.38 | 2023 | -0.22% | -4.28% | View data |
| 8 | 8 Belgium | 4.93 | 2023 | +8.94% | +0.38% | View data |
| 9 | 9 Austria | 2.98 | 2023 | +9.71% | -1.16% | View data |
| 10 | 10 Italy | 2.83 | 2023 | -0.36% | +7.29% | View data |