Germany and Spain are the top exporters in 2024, representing over 46% of Europe's machinery exports for textile, apparel, and leather production. Significant growth was observed in Spain with a 27.11% increase, while Germany saw a more modest 2.85% rise. Poland and the Netherlands also hold notable shares, with Poland's exports climbing by 4.92% year-on-year. Noteworthy growth rates include Ireland's remarkable 72.22% increase and Greece's 39.03% rise. However, negative trends were notable in the United Kingdom, France, Belgium, and Italy. Over the last five years, the compound annual growth rate indicates fluctuating trends in the sector.
Future trends to watch include innovation-driven demand and the impact of economic conditions in key export markets. Observing technological advancements and sustainability initiatives could steer the European export landscape. Furthermore, geopolitical factors and trade agreements will be pivotal in shaping the market's future dynamics.
Top countries in Export of Machinery for Textile, Apparel and Leather Production Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.19 | 2023 | +4.21% | +2.85% | View data |
| 2 | 2 Spain | 23.12 | 2023 | +16.81% | +27.11% | View data |
| 3 | 3 Poland | 16.7 | 2023 | +6.01% | +4.92% | View data |
| 4 | 4 Netherlands | 10.14 | 2023 | +0.71% | +2.34% | View data |
| 5 | 5 United Kingdom | 5.97 | 2023 | -0.66% | -3.23% | View data |
| 6 | 6 Belgium | 5.2 | 2023 | -0.65% | -5.29% | View data |
| 7 | 7 Italy | 4.06 | 2023 | +9.22% | -4.79% | View data |
| 8 | 8 France | 3.38 | 2023 | +1.36% | -13.89% | View data |
| 9 | 9 Czechia | 2.46 | 2023 | |||
| 10 | 10 Sweden | 2.03 | 2023 | +18.04% | +10.11% | View data |
