In 2023, Italy dominated the European cotton yarn market with a share of 71.28% of the total sold production in euros, while Spain held 17.09%. Noteworthy changes included a 3.78% growth in Italy's share and a 3.4% decline in Spain's share. Portugal saw a sharp decrease of 26.29%, while minor fluctuations were observed in smaller markets like Hungary at 2.23% growth. The UK and Norway remained stable with no variation.
Looking ahead, potential growth may come from Italy's continued expansion and possible recovery in Spain. Sustainability innovations and trade policies could also significantly influence the market dynamics within the European cotton yarn sector.
Top countries in Sold Production of Cotton Yarn Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 71.28 | 2023 | +11.48% | +3.78% | View data |
| 2 | 2 Spain | 17.09 | 2023 | -1.3% | -3.4% | View data |
| 3 | 3 Greece | 2.16 | 2021 | -34.63% | +34.24% | View data |
| 4 | 4 France | 1.92 | 2021 | +922.06% | +2.4% | View data |
| 5 | 5 Portugal | 1.78 | 2023 | -25.78% | -26.29% | View data |
| 6 | 6 Germany | 1.27 | 2021 | +12.71% | -19.62% | View data |
| 7 | 7 Hungary | 0.84 | 2023 | +1.22% | +2.23% | View data |
| 8 | 8 Bulgaria | 0.63 | 2023 | +2.04% | -6.68% | View data |
| 9 | 9 United Kingdom | 0.43 | 2023 | +4% | View data | |
| 10 | 10 Norway | 0.003 | 2023 | +2.9% | View data |
