In 2023, Italy remained the leading European country in the production of multiple or cabled man-made filament yarn, contributing significantly to the market with a value of 478.63 million euros. Germany and France followed, although their respective contributions were markedly lower. Smaller markets like Hungary and Portugal experienced growth, with Hungary showing a 3.97% increase. Portugal also rose prominently by 5.71%, indicating a burgeoning sector. Conversely, the United Kingdom and Bulgaria contracted, showing declines of -2.26% and -9.24%, respectively. Lithuania exhibited promising growth, albeit from a smaller base, marked by an 18.82% year-on-year increase.
Future trends to watch include increasing demand for sustainable and innovative filament yarns, which may reshape production dynamics across Europe. Italy and other leading countries will likely continue to emphasize technological advancement and efficient production processes to maintain their competitive edge. Emerging markets may explore niche opportunities to augment their presence in the European landscape.
Top countries in Sold Production of Multiple or Cabled Man-Made Filament Yarn by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 478,630,000 | 2023 | +7.84% | +1.37% | View data |
| 2 | 2 Germany | 60,108,000 | 2021 | -3.34% | View data | |
| 3 | 3 France | 52,621,000 | 2023 | +19.48% | +1.21% | View data |
| 4 | 4 Croatia | 45,242,000 | 2023 | +3.42% | +3.41% | View data |
| 5 | 5 Spain | 40,871,000 | 2023 | +6.25% | +1.52% | View data |
| 6 | 6 Portugal | 33,952,000 | 2023 | +12.62% | +5.71% | View data |
| 7 | 7 United Kingdom | 15,518,000 | 2023 | +3.75% | -2.26% | View data |
| 8 | 8 Hungary | 14,996,000 | 2023 | +2.71% | +3.97% | View data |
| 9 | 9 Lithuania | 1,526,300 | 2023 | +6.01% | +18.82% | View data |
| 10 | 10 Bulgaria | 613,200 | 2023 | -9.79% | -9.24% | View data |
