In 2023, European countries with the highest production value in knitted and crocheted fabrics were Germany, Italy, and Portugal, with Germany leading despite a slight decrease of 1.21% from the previous year. Portugal showed a positive trend with a 1.19% increase. Italy, France, and Finland experienced declines, notably Italy with a 4.96% drop. Serbia had a significant surge of 35.72%, indicating potential growth opportunities. Conversely, Iceland saw a complete cessation in production. Some stability was observed in Sweden, Belgium, and Greece, reflecting modest increases.
Future trends to watch include the recovery potential of Italy and France, as well as whether Serbia can sustain its rapid growth. The focus could shift toward innovation and sustainability to enhance competitive advantage across Europe, particularly in countries that experienced growth or maintained stability.
Top countries in Knitted and Crocheted Fabrics Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 726 | 2023 | +6.95% | -1.21% | View data |
| 2 | 2 Italy | 709.7 | 2023 | -0.91% | -4.96% | View data |
| 3 | 3 Portugal | 453.9 | 2023 | +4.01% | +1.19% | View data |
| 4 | 4 Spain | 192.9 | 2023 | -3.6% | -0.44% | View data |
| 5 | 5 United Kingdom | 161.6 | 2023 | -1.04% | -0.83% | View data |
| 6 | 6 Poland | 158.6 | 2023 | 0% | -1.07% | View data |
| 7 | 7 Austria | 119 | 2023 | +5.12% | +0.034% | View data |
| 8 | 8 France | 109.9 | 2023 | -1.96% | -4.04% | View data |
| 9 | 9 Sweden | 83.2 | 2023 | +2.46% | +0.49% | View data |
| 10 | 10 Belgium | 68.5 | 2023 | +1.18% | +0.78% | View data |
