Germany maintained dominance with the highest share of European production value. However, a slight decline of 1.44% in 2023 suggests market fluctuations. Italy and Poland follow, with Poland showing a positive growth of 2.76% in 2023. Portugal leads in growth with a robust 5.34% increase, while France faces a notable decline of 4.53%. The United Kingdom, grappling with a 0.85% decrease, is just ahead of Hungary, which exhibits a promising 3.69% rise. Smaller markets like Estonia and Lithuania are experiencing significant upticks, particularly Estonia with over a 36% surge.
Looking to the future, the European market is expected to witness technological advancements driving efficiency. Automation in manufacturing and increased emphasis on sustainable production methods will likely shape the industry. Emerging markets in Eastern Europe may become significant, capitalizing on competitive production costs and increasing foreign investments, which could lead to diversified production and higher market shares in these regions.
Top countries in Sold Production of Natural or Artificial Abrasive Powder or Grain on a Base of Woven Textile Fabric Only Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 43.39 | 2023 | +5.75% | -1.44% | View data |
| 2 | 2 Italy | 18.03 | 2023 | +8.25% | -0.4% | View data |
| 3 | 3 Poland | 13.05 | 2023 | +2.15% | +2.76% | View data |
| 4 | 4 Portugal | 7.65 | 2023 | +4.68% | +5.34% | View data |
| 5 | 5 France | 6.05 | 2023 | -1.1% | -4.53% | View data |
| 6 | 6 United Kingdom | 3.54 | 2023 | -1.15% | -0.85% | View data |
| 7 | 7 Hungary | 2.57 | 2023 | +3.87% | +3.69% | View data |
| 8 | 8 Spain | 1.13 | 2023 | -1.05% | -1.2% | View data |
| 9 | 9 Denmark | 0.88 | 2023 | -1.21% | +3.79% | View data |
| 10 | 10 Finland | 0.69 | 2023 | -4.26% | -2.69% | View data |
