In 2023, Spain led the European market in sold production of twines with a notable share, followed by Portugal and Germany. The United Kingdom, Czechia, and Italy also had significant contributions. Among the smaller players, France, Croatia, Hungary, and Denmark exhibited modest shares. Year-on-year variations in 2023 showed a notable growth in Spain and Italy, with the UK and Croatia also experiencing increases. However, France saw a slight decline, while Hungary showed marginal growth. Over a five-year horizon, the compounded annual growth rate revealed positive trends in leading countries, particularly in the southern European markets.
Looking forward, the European market is expected to continue its shift towards sustainable materials and manufacturing processes. Countries with innovative practices and technologies will likely strengthen their positions. Additionally, geopolitical changes and environmental regulations will play crucial roles in shaping production and market dynamics, prompting businesses to adapt their strategies toward eco-friendlier solutions.
Top countries in Sold Production of Twines of Polyethylene or Polypropylene of Nylon or Other Polyamides or Polyesters Measuring at Most 50,000 Decitex Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 32.89 | 2023 | +15.14% | +17% | View data |
| 2 | 2 Portugal | 27.66 | 2023 | +1.76% | +2.94% | View data |
| 3 | 3 Germany | 16.52 | 2021 | +19.31% | View data | |
| 4 | 4 United Kingdom | 13.18 | 2023 | +4.29% | +14.44% | View data |
| 5 | 5 Czechia | 10.12 | 2023 | |||
| 6 | 6 Italy | 7.28 | 2023 | +39.02% | +21.64% | View data |
| 7 | 7 France | 3.18 | 2023 | -1.59% | -1.52% | View data |
| 8 | 8 Croatia | 0.92 | 2023 | +4.17% | +7.03% | View data |
| 9 | 9 Hungary | 0.089 | 2023 | -3.62% | +0.52% | View data |
| 10 | 10 Denmark | 0.042 | 2021 | +296.56% | +4.53% | View data |
