The European export of Terry Towelling and similar woven terry fabrics of cotton in 2023 was led by Germany, retaining a prominent position despite a slight decline. Denmark experienced a remarkable surge, increasing by nearly 120%, followed by notable growth in Belgium and Greece, suggesting dynamic market entry or expansion strategies. In contrast, Italy, France, and the Netherlands saw significant contractions, possibly due to shifting production bases or competitive pressures. Portugal and Spain displayed stability with minor growth, while other countries like Latvia and Slovakia experienced reductions, indicating regional shifts.
Future Trends to Watch:
- Germany’s potential recovery or stabilization strategies to maintain export leadership.
- Sustainability of Denmark's growth and Belgium’s market strategies influencing broader market dynamics.
- Impact of economic and trade policies in EU on regional market alignments, especially those impacting Italy and France.
Top countries in Export of Terry Towelling and Similar Woven Terry Fabrics of Cotton by Country
| # | 10 Countries | Square Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,083,500 | 2023 | -0.75% | -0.19% | View data |
| 2 | 2 Denmark | 1,553,200 | 2023 | +84.55% | +119.82% | View data |
| 3 | 3 Portugal | 674,210 | 2023 | +4.67% | +0.3% | View data |
| 4 | 4 Belgium | 594,910 | 2023 | -1.43% | +36.14% | View data |
| 5 | 5 United Kingdom | 122,540 | 2023 | -1.65% | -3.57% | View data |
| 6 | 6 Italy | 73,050 | 2023 | -32.63% | -22.87% | View data |
| 7 | 7 Spain | 71,760 | 2023 | +11.72% | +6.85% | View data |
| 8 | 8 Hungary | 61,800 | 2023 | +1.76% | +0.011% | View data |
| 9 | 9 France | 57,520 | 2023 | -40.05% | -18.43% | View data |
| 10 | 10 Latvia | 46,330 | 2023 | -9.66% | -14.51% | View data |
