In 2023, Italy dominated the European sold production of apparel and clothing accessories of furskins with 71.26% share, followed by Greece with 20.49%. Other countries like Denmark, Spain, and the United Kingdom held smaller shares. Italy and Hungary demonstrated positive growth trends, increasing by 3.61% and 16.96% respectively. Conversely, Greece and Finland experienced declines, with Greece dropping by 2.6% and Finland by 20.53%. The United Kingdom showed a significant rise of 21.92%, whereas Romania and Croatia saw notable decreases.
Looking ahead, trends to watch include:
- Potential growth in Hungary and the United Kingdom, suggesting a shift in production dynamics.
- Continued dominance of Italy, albeit with caution due to market saturation risks.
- Possible further declines in traditional producers like Greece and Finland.
Top countries in Sold Production of Articles of Apparel and Clothing Accessories of Furskins Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 71.26 | 2023 | +2.13% | +3.61% | View data |
| 2 | 2 Greece | 20.49 | 2023 | +15.1% | -2.6% | View data |
| 3 | 3 Denmark | 0.91 | 2023 | +14.86% | -2.5% | View data |
| 4 | 4 Spain | 0.54 | 2023 | -8.16% | -11.59% | View data |
| 5 | 5 United Kingdom | 0.49 | 2023 | +4.13% | +21.92% | View data |
| 6 | 6 Portugal | 0.48 | 2023 | +6.99% | -0.74% | View data |
| 7 | 7 Hungary | 0.28 | 2023 | +6.99% | +16.96% | View data |
| 8 | 8 Romania | 0.24 | 2023 | -11.2% | -10.53% | View data |
| 9 | 9 Finland | 0.082 | 2023 | -46.63% | -20.53% | View data |
| 10 | 10 Estonia | 0.007 | 2023 | +31.71% | +9.98% | View data |