The European market for woven fabrics of artificial staple fibres of yarns of different colours in 2023 highlighted Italy's dominance with a significant market value of 288.93 million Euros. Belgium followed distantly with 27.495 million Euros, while France, Portugal, and Spain registered lower outputs. Year-on-year variations for 2023 showed an increase in Italy by 1.44%, whereas France and Spain experienced declines of -4.41% and -6.74% respectively. Portugal exhibited notable growth at 8.22%.
Future trends to watch for include potential expansion in Portugal's market share, given its recent upward trajectory. Italy might continue to capitalize on its substantial lead, while innovation and sustainable practices could shape the market dynamics across the region.
Top countries in Sold Production of Woven Fabrics of Artificial Staple Fibres of Yarns of Different Colours by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 288,930,000 | 2023 | +20.45% | +1.44% | View data |
| 2 | 2 Belgium | 27,495,000 | 2021 | View data | ||
| 3 | 3 France | 3,431,000 | 2023 | -3.45% | -4.41% | View data |
| 4 | 4 Portugal | 1,456,200 | 2023 | +11.49% | +8.22% | View data |
| 5 | 5 Spain | 1,405,600 | 2023 | -7.83% | -6.74% | View data |