European sold production of knitted or crocheted hosiery and footwear showed significant variation across countries in 2023. Germany remained dominant with the highest production value at 573.09 million euros, growing by 2.16% year-on-year. Bosnia and Herzegovina demonstrated the most notable growth at 4.53%, while the United Kingdom experienced a significant decline of 27.41%. Meanwhile, traditional producers like France and Italy faced slight declines in production.
Future trends to watch include potential growth in Eastern European countries as they capitalize on lower production costs, potential shifts in demand towards sustainable and eco-friendly products, impacting production strategies across Europe. Additionally, emerging markets might see increased investment and capacity expansion.
Top countries in Sold Production of Knitted or Crocheted Hosiery and Footwear by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 573,090,000 | 2023 | +2.41% | +2.16% | View data |
| 2 | 2 France | 190,710,000 | 2023 | -1.5% | -1.82% | View data |
| 3 | 3 Italy | 122,250,000 | 2023 | +1.3% | -0.76% | View data |
| 4 | 4 Portugal | 91,955,000 | 2023 | +1.79% | -1.25% | View data |
| 5 | 5 Poland | 53,440,000 | 2023 | +1.07% | +1.02% | View data |
| 6 | 6 Spain | 47,598,000 | 2023 | +3.71% | -0.33% | View data |
| 7 | 7 Croatia | 46,860,000 | 2023 | +2.31% | -0.66% | View data |
| 8 | 8 Serbia | 34,389,000 | 2023 | +2.65% | +1.79% | View data |
| 9 | 9 Bulgaria | 31,560,000 | 2023 | +2.02% | +1.52% | View data |
| 10 | 10 Slovakia | 25,027,000 | 2023 | +0.13% | -1.97% | View data |
