In 2024, Italy continues to lead European wool yarn production, though recent data shows a significant decline of 10.75% last year, decreasing its production to 44.404 million kilograms. Lithuania, the second-largest producer, recorded a modest increase of 1.5%, reaching 12.325 million kilograms. Spain, with a production of 7.783 million kilograms, saw negative growth over the past year. Portugal and Romania also experienced declines, while Bulgaria and Hungary reported substantial increases of 36.33% and 12.2%, respectively. Finland and Germany showed positive trends with increases of 9.78% and 5.98%. Conversely, Denmark and Belgium saw major declines of over 65% each.
Future trends to watch include the recovery potential of major players like Italy, Portugal, and Romania, and the sustained growth in Bulgaria and Hungary. Additionally, the market will observe the impacts of economic policies, technological advancements, and sustainability practices influencing production dynamics across Europe.
Top countries in Production of Wool Yarn by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44,404,000 | 2023 | -6.74% | -10.75% | View data |
| 2 | 2 Lithuania | 12,325,000 | 2023 | +7.14% | +1.5% | View data |
| 3 | 3 Spain | 7,783,000 | 2021 | +155.43% | +17.41% | View data |
| 4 | 4 Portugal | 4,282,100 | 2023 | +3.19% | -1.44% | View data |
| 5 | 5 Romania | 3,874,800 | 2023 | +40.11% | -3.54% | View data |
| 6 | 6 Poland | 2,914,900 | 2023 | -18.02% | -14.29% | View data |
| 7 | 7 Bulgaria | 1,893,100 | 2023 | +15.71% | +36.33% | View data |
| 8 | 8 Czechia | 1,682,900 | 2023 | |||
| 9 | 9 Finland | 1,086,000 | 2023 | +8.79% | +9.78% | View data |
| 10 | 10 Germany | 738,820 | 2023 | +21.79% | +5.98% | View data |
