In 2023, Italy dominated the European market for woven fabrics of cotton of yarns of different colors used for technical or industrial uses, with a sold production value of 56.43 million euros, experiencing a modest growth of 2.02%. Spain followed with a significant year-over-year increase of 5.43%, reaching 10.63 million euros. Conversely, Germany and France saw declines of 5.49% and 3.45%, respectively, while Romania experienced the sharpest decrease at 31.86%.
When observing trends over a longer period, notable factors include:
- The anticipated stabilization and gradual growth in Western European countries, driven by technological advancements and increasing demand for specialized industrial fabrics.
- The potential for Romania and similar markets to recover if they adapt to shifting market demands and improve production capabilities.
- The impact of sustainability and innovation driving European consumer interest and potentially affecting production methods and consumer preferences.
Top countries in Sold Production of Woven Fabrics of Cotton of Yarns of Different Colours Used for Technical or Industrial Uses by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 56,430,000 | 2023 | +24.65% | +2.02% | View data |
| 2 | 2 Spain | 10,630,000 | 2023 | +4.31% | +5.43% | View data |
| 3 | 3 Germany | 6,653,900 | 2023 | -2.17% | -5.49% | View data |
| 4 | 4 France | 6,616,900 | 2023 | -1.76% | -3.45% | View data |
| 5 | 5 Romania | 43,620 | 2023 | -54.59% | -31.86% | View data |
