In 2024, Germany, Italy, and Portugal led the European Knitted and Crocheted Fabrics production value, contributing 25 million, 24.44 million, and 15.63 million Euros respectively. Notably, Germany saw a modest decline of 1.21% from 2023, while Italy experienced a significant drop of 4.96%. Portugal was the only top producer showing a positive change, with a 1.19% increase. Countries like Spain, the United Kingdom, and Poland encountered minor decreases, whereas Austria and Sweden displayed very slight growths.
Emerging trends reveal Romania and Serbia experienced significant positive shifts, with Serbia seeing a substantial 35.72% increase. Conversely, France and the Czech Republic exhibited notable declines. Finland and Bosnia and Herzegovina both faced downturns exceeding 4%, and Iceland saw a complete cessation in production activity dropping by 100%.
Future trends to watch include potential recovery efforts in major markets like Italy and France and continued growth in smaller, emerging markets like Romania and Serbia. Sustainability initiatives and technological advances in textile manufacturing are also expected to shape market dynamics significantly.
Top countries in Knitted and Crocheted Fabrics Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25 | 2023 | +6.95% | -1.21% | View data |
| 2 | 2 Italy | 24.44 | 2023 | -0.91% | -4.96% | View data |
| 3 | 3 Portugal | 15.63 | 2023 | +4.01% | +1.19% | View data |
| 4 | 4 Spain | 6.64 | 2023 | -3.6% | -0.44% | View data |
| 5 | 5 United Kingdom | 5.56 | 2023 | -1.04% | -0.83% | View data |
| 6 | 6 Poland | 5.46 | 2023 | 0% | -1.07% | View data |
| 7 | 7 Austria | 4.1 | 2023 | +5.12% | +0.034% | View data |
| 8 | 8 France | 3.78 | 2023 | -1.96% | -4.04% | View data |
| 9 | 9 Sweden | 2.86 | 2023 | +2.46% | +0.49% | View data |
| 10 | 10 Belgium | 2.36 | 2023 | +1.18% | +0.78% | View data |
