In 2023, Italy led the European exports of felt hats and headgear, albeit experiencing a substantial decline of 17.4%. Belgium showed significant growth at 23.18%, indicating a rising market presence. Germany and Poland increased modestly, whereas the Netherlands remained stable. Other noteworthy changes include a dramatic drop in Spanish exports by 100%, and France shared a similar fate. Conversely, Malta's exports surged by 217.75%, albeit from a low base. Sweden, Hungary, and Austria saw moderate increases, while countries like Greece, Slovenia, and Slovakia faced notable declines, highlighting varied market dynamics across Europe.
Future trends to consider include:
- Monitoring Belgium's continued growth and potential market leadership.
- Assessing Italy's recovery strategies to regain market dominance.
- Evaluating emerging markets like Hungary for sustained growth.
- Observing potential stabilization in struggling markets like Spain and France.
- Following growth trajectories in smaller markets, particularly Malta.
Top countries in Export of Felt Hats and Other Felt Headgear, Made from Hat Bodies or Hoods and Plateaux by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,238,000 | 2023 | +20.58% | -17.4% | View data |
| 2 | 2 Belgium | 1,085,200 | 2023 | +7.45% | +23.18% | View data |
| 3 | 3 Germany | 266,210 | 2023 | +6.11% | +3.59% | View data |
| 4 | 4 Netherlands | 195,070 | 2023 | +9.96% | +0.35% | View data |
| 5 | 5 Poland | 175,870 | 2023 | +0.079% | +3.6% | View data |
| 6 | 6 Sweden | 148,420 | 2023 | +6.12% | +4.7% | View data |
| 7 | 7 Spain | 107,300 | 2023 | +0.36% | View data | |
| 8 | 8 Czechia | 90,340 | 2023 | |||
| 9 | 9 Hungary | 74,490 | 2023 | +1.69% | +22.77% | View data |
| 10 | 10 Austria | 68,190 | 2023 | -2.15% | +6.64% | View data |
