The European export of sacks and bags of cotton shows Italy as the dominant player with a significant 97.05% share. However, Italy witnessed a -4.73% decline in 2023, while countries like Latvia (53.63%) and the United Kingdom (18.21%) recorded substantial growth. Notably, France's export share plunged by 100%. Germany, Poland, and Belgium maintained a steady performance with minor percentage rises. Emerging exporters like Bulgaria, Austria, and Hungary reflect growth in their cotton sack share, potentially reshaping the market dynamics.
Future trends to watch include Latvia's rapid growth, potentially challenging dominant markets like Italy. Additionally, increases in smaller market shares from countries such as Sweden and Romania may influence overall European competitiveness. The rising emphasis on sustainable and eco-friendly packing solutions could further drive demand diversification across Europe.
Top countries in Export of Sacks and Bags of Cotton Used for Packing Goods Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 97.05 | 2023 | +112.82% | -4.73% | View data |
| 2 | 2 Belgium | 2.22 | 2023 | +28.47% | +7.97% | View data |
| 3 | 3 Spain | 1.73 | 2023 | +26.73% | -8.42% | View data |
| 4 | 4 Poland | 1.62 | 2023 | +2.48% | +5.19% | View data |
| 5 | 5 Latvia | 1.42 | 2023 | +7.37% | +53.63% | View data |
| 6 | 6 United Kingdom | 1.13 | 2023 | +3.37% | +18.21% | View data |
| 7 | 7 Germany | 1.1 | 2023 | +7.21% | +1.03% | View data |
| 8 | 8 Netherlands | 0.69 | 2023 | -6.5% | +16.39% | View data |
| 9 | 9 Romania | 0.43 | 2023 | +2.15% | +11.34% | View data |
| 10 | 10 France | 0.17 | 2023 | View data |
