In 2023, Italy dominated the European Textiles Finishing Production with a value of 1.72 billion euros, despite a year-on-year decrease of 4.27%. Germany followed with 1.29 billion euros, showing a slight decline of 0.75%. Spain and the United Kingdom saw modest growth, at 1.65% and 0.06%, respectively. Portugal and Poland maintained positive trends, with increases of 2.59% and 1.58%. However, significant declines were noted in France (-7.27%), Austria (-6.5%), and Croatia (-17.29%). Smaller markets like Greece and Bulgaria also faced steep declines of 6.83% and 11.46%, respectively.
Future trends suggest that while Italy and Germany will continue to lead, the growth rates in smaller markets like Portugal, Romania, and Hungary may present new opportunities. Monitoring market adjustments and technological advancements will be key for accurately forecasting the European Textiles Finishing Production landscape.
Top countries in Textiles Finishing Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,720 | 2023 | -2.11% | -4.27% | View data |
| 2 | 2 Germany | 1,290 | 2023 | +5.76% | -0.75% | View data |
| 3 | 3 Spain | 756 | 2023 | +4.68% | +1.65% | View data |
| 4 | 4 United Kingdom | 733.4 | 2023 | -0.43% | +0.06% | View data |
| 5 | 5 Portugal | 591.6 | 2023 | +2.42% | +2.59% | View data |
| 6 | 6 Poland | 268 | 2023 | +0.075% | +1.58% | View data |
| 7 | 7 Switzerland | 179.4 | 2023 | 0% | +0.089% | View data |
| 8 | 8 France | 125.7 | 2023 | -4.97% | -7.27% | View data |
| 9 | 9 Belgium | 123.9 | 2023 | -1.43% | -3.47% | View data |
| 10 | 10 Romania | 97 | 2023 | +9.36% | +2.27% | View data |
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