The European market for sold production of men's or boys' underpants and briefs of textile fabric not knitted or crocheted in 2023 showcased varied dynamics. Italy led with €24.689 million, despite a -13.06% year-on-year decline. Portugal, with €7.973 million, experienced a slight decrease of -2.02%. Greece observed a modest growth of 0.69%, while Serbia displayed a significant increase at 6.02%. Other countries showed mixed trends with Romania, Bosnia and Herzegovina, Spain, and Estonia registering declines and Lithuania seeing a 7.74% rise.
Future trends to watch include market consolidation in larger economies like Italy and Portugal, potential growth opportunities in the Balkan region due to Serbia's increase, and emerging patterns in Baltic states as shown by Lithuania's upward trajectory. Sustainability and innovation in materials could also influence production dynamics in the coming years.
Top countries in Sold Production of Men's or Boys' Underpants and Briefs of Textile Fabric Not Knitted or Crocheted by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24,689,000 | 2023 | -2.97% | -13.06% | View data |
| 2 | 2 Portugal | 7,973,000 | 2023 | +12.42% | -2.02% | View data |
| 3 | 3 Greece | 2,931,800 | 2023 | +5.97% | +0.69% | View data |
| 4 | 4 Serbia | 2,064,000 | 2023 | +4.23% | +6.02% | View data |
| 5 | 5 Romania | 1,345,400 | 2023 | -6.84% | -5.36% | View data |
| 6 | 6 Bosnia and Herzegovina | 1,147,000 | 2023 | -2.57% | -2.95% | View data |
| 7 | 7 Spain | 687,740 | 2023 | -19.35% | -9.51% | View data |
| 8 | 8 Estonia | 333,620 | 2023 | +18.93% | -6.04% | View data |
| 9 | 9 Lithuania | 222,350 | 2023 | +4.3% | +7.74% | View data |
