In 2023, Italy dominated European production of silk ties, bow ties, and cravats with a 57.1% share. France followed with 22.77%, while Spain had 17.74%. The UK and other countries held minor shares. Notable decreases were observed in France at -7.57%, the UK at -16.44%, and Croatia at -23.78% from the previous year.
Future trends to watch:
- Italy's continued dominance as a leading producer could shape the market dynamics.
- Emergence of sustainable and innovative silk alternatives might influence consumer preferences.
- Potential for eastern European countries to increase production and share.
Top countries in Sold Production of Ties, Bow Ties and Cravats of Silk or Silk Waste Share by Country (Units (Items))
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 57.1 | 2021 | -80.07% | -20.83% | View data |
| 2 | 2 France | 22.77 | 2023 | -11.73% | -7.57% | View data |
| 3 | 3 Spain | 17.74 | 2023 | -1.78% | -1.42% | View data |
| 4 | 4 United Kingdom | 9.74 | 2023 | -28.21% | -16.44% | View data |
| 5 | 5 Croatia | 0.42 | 2023 | -46.78% | -23.78% | View data |
| 6 | 6 Austria | 0.23 | 2023 | -0.4% | -7.8% | View data |
| 7 | 7 Lithuania | 0.17 | 2023 | -0.081% | -3.08% | View data |
| 8 | 8 Denmark | 0.12 | 2023 | -19.52% | -8.54% | View data |
