The European export of machinery for textile, apparel, and leather production reveals that France and Germany are leading, with France at 15.162 million kilograms. Germany follows closely at 14.338 million kilograms. Italy and Spain have both seen declines, with values at 5.1894 and 3.1838 million kilograms, respectively. Smaller exporters like Belgium, Austria, and Portugal contribute less, but some nations like Greece and Latvia show impressive growth percentages, with Luxembourg notably experiencing the highest year-on-year increase at 121.8%. The UK is facing a substantial decrease of 16.27%, reflecting a challenging period for its machinery exports.
Future trends to watch include the potential for Eastern European countries, like Bulgaria, to expand their export volumes due to their growing textile industries. Sustainability demands could drive innovation, fostering growth in eco-friendly machinery. Additionally, geopolitical factors and trade policies will significantly influence the market's direction.
Top countries in Export of Machinery for Textile, Apparel and Leather Production by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 15,162,000 | 2023 | +2.17% | +1.23% | View data |
| 2 | 2 Germany | 14,338,000 | 2023 | +9.84% | +3% | View data |
| 3 | 3 Italy | 5,189,400 | 2023 | -0.81% | -1.08% | View data |
| 4 | 4 Spain | 3,183,800 | 2023 | +10.24% | -1.62% | View data |
| 5 | 5 Czechia | 2,641,200 | 2023 | |||
| 6 | 6 Belgium | 928,640 | 2023 | -14.48% | -11.45% | View data |
| 7 | 7 Austria | 799,880 | 2023 | -2.61% | -7.13% | View data |
| 8 | 8 Portugal | 779,910 | 2023 | +6.21% | +2.29% | View data |
| 9 | 9 Sweden | 551,350 | 2023 | +8.77% | -1.61% | View data |
| 10 | 10 United Kingdom | 238,460 | 2023 | -21.23% | -16.27% | View data |