In 2023, Italy led the European sold production of Jute Yarn or other textile blast fibres, valued at €44.57 million, albeit with a slight year-on-year decrease of 0.84%. Croatia followed with €8.6751 million, seeing a modest growth rate of 1.13%. Spain recorded €9.781 million, while Lithuania experienced notable growth with an 8.88% increase to reach €0.73871 million. The United Kingdom's production decreased by 2.34%, valued at €0.5845 million. Over the past five years, consistent changes suggest varying demand and competitive positioning in these sectors.
Future trends to watch include technological advancements in fiber processing, increasing sustainability demands, and potential shifts in global trade policies. These factors could influence production levels and market dynamics in the textile industry across Europe.
Top countries in Sold Production of Jute Yarn or of Other Textile Blast Fibres by Country
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 44,570,000 | 2023 | +11.91% | -0.84% | View data |
| 2 | 2 Spain | 9,781,000 | 2021 | +31.84% | View data | |
| 3 | 3 Croatia | 8,675,100 | 2023 | +0.9% | +1.13% | View data |
| 4 | 4 Lithuania | 738,710 | 2023 | +5.16% | +8.88% | View data |
| 5 | 5 United Kingdom | 584,500 | 2023 | -2.65% | -2.34% | View data |
