In 2023, Belgium led the European export of woven fabrics of artificial staple fibres of yarns of different colours, holding a dominant market share. Italy saw a significant contraction of 34.61%, likely affecting its position in the marketplace. Other notable year-on-year changes include Slovakia’s decrease of 21.95% and Romania’s reduction of 5.24%. Portugal and Bulgaria witnessed positive growth, with increases of 6.39% and 6.59% respectively, suggesting resilience in these markets. The average five-year CAGR revealed a moderate decline trend across several countries, indicating evolving dynamics in this sector.
Future trends to watch include:
- Potential recovery in Italy’s export volumes as market conditions stabilize.
- Continued growth in Portugal and Bulgaria driven by innovation and adaptability.
- Monitoring geopolitical developments impacting supply chains and trade agreements.
- The role of sustainability and eco-friendly practices in shaping competitive advantages.
Top countries in Export of Woven Fabrics of Artificial Staple Fibres of Yarns of Different Colours by Country
| # | 10 Countries | Square Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 4,564,600 | 2023 | -35.44% | View data | |
| 2 | 2 Italy | 3,479,000 | 2023 | +4.82% | -34.61% | View data |
| 3 | 3 Romania | 1,007,900 | 2023 | +4.09% | -5.24% | View data |
| 4 | 4 Slovakia | 768,290 | 2023 | -18.73% | -21.95% | View data |
| 5 | 5 Spain | 701,240 | 2023 | -3.01% | -2.03% | View data |
| 6 | 6 Czechia | 432,010 | 2023 | |||
| 7 | 7 Portugal | 418,490 | 2023 | -3.5% | +6.39% | View data |
| 8 | 8 Netherlands | 373,050 | 2023 | -10.57% | -6.9% | View data |
| 9 | 9 Austria | 289,840 | 2021 | +35.65% | +29.51% | View data |
| 10 | 10 Germany | 234,250 | 2023 | -36.62% | -17.88% | View data |
