In 2023, Italy led the European export market of synthetic staple fibres yarn containing at most 85% by weight, commanding a 23.64% share, though it saw a year-on-year decline of 5.39%. Romania and Germany followed, each holding around 11% of the market, experiencing declines of 6.87% and 7.43% respectively. Notable declines were also observed in Belgium and France, particularly the latter with a sharp decline of 22.56%. Nations like Slovenia and Denmark marked growth, with Slovenia seeing a 6.48% increase. Emerging exporters such as Estonia saw substantial growth at 78.38%, and Latvia at 34.73%.
Future trends to watch include potential increases from smaller exporters such as Estonia and Latvia, leveraging their strong growth trajectories. Attention should be given to countries with notable declines, such as France and the UK, which may face challenges in regaining market share unless strategic changes occur. Additionally, the rising focus on sustainable textile production could significantly alter the dynamics of this export market in Europe.
Top countries in Export of Synthetic Staple Fibres Yarn Containing at Most 85% by Weight of Such Fibres Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 23.64 | 2023 | -6.06% | -5.39% | View data |
| 2 | 2 Romania | 11.15 | 2023 | -4.69% | -6.87% | View data |
| 3 | 3 Germany | 11.12 | 2023 | -6.67% | -7.43% | View data |
| 4 | 4 Belgium | 8.5 | 2023 | -4.76% | -8.82% | View data |
| 5 | 5 Bulgaria | 8.37 | 2023 | -2.25% | -3.89% | View data |
| 6 | 6 Slovenia | 7.77 | 2023 | +3.93% | +6.48% | View data |
| 7 | 7 Spain | 7.24 | 2023 | -8.15% | -6.04% | View data |
| 8 | 8 Portugal | 6.56 | 2023 | -0.0068% | +0.64% | View data |
| 9 | 9 Netherlands | 4.6 | 2023 | +5.34% | -5.55% | View data |
| 10 | 10 Croatia | 1.71 | 2023 | +1.98% | +2.83% | View data |
