The European market for Vegetable, Bast Fibres, or Paper Yarn shows distinct country variations. In 2023, Italy led with 17.616 million kilograms, despite a 6.31% year-on-year decline, indicating a potential market stabilization challenge. Croatia's production increased by 4.48%, reaching 9.8865 million kilograms, reflecting robust industry growth. Spain's output stood at 7.739 million kilograms. Romania and Lithuania saw minimal changes, with a slight decrease and a notable growth of 8.24%, respectively. The UK experienced the most significant contraction with a 17.28% reduction.
Future trends to watch include increased demand for sustainable materials, technological advancements in production techniques, and potential impacts of regulatory changes across Europe. Monitoring these factors will provide insights into growth opportunities and challenges in the market.
Top countries in Sold Production of Vegetable, Bast Fibres or Paper Yarn by Country
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 17,616,000 | 2023 | +9.73% | -6.31% | View data |
| 2 | 2 Croatia | 9,886,500 | 2023 | +3.17% | +4.48% | View data |
| 3 | 3 Spain | 7,739,000 | 2021 | +15.03% | View data | |
| 4 | 4 Romania | 1,893,000 | 2023 | +1.71% | -0.032% | View data |
| 5 | 5 Lithuania | 299,760 | 2023 | +4.9% | +8.24% | View data |
| 6 | 6 United Kingdom | 56,330 | 2023 | -25.32% | -17.28% | View data |
