The UK led in European sold production of woven fabrics in 2023, despite a -4.19% decline. Italy and Germany followed, with Italy experiencing a minor decrease of -0.42% and Germany a notable -10.28%. Greece displayed impressive growth at 6.89%, while Denmark surged by 79.8%, indicating variability in regional performance. In contrast, Spain, Poland, and Portugal faced downturns. Smaller markets like Estonia showed resilience with 18.47% growth.
Future Trends to Watch:
- Emerging markets like Denmark and Estonia may continue to show growth potential.
- Sustainability trends might drive shifts in production practices towards environmentally friendly methods.
- Technological advancements in fabric production could alter the competitive landscape.
Top countries in Sold Production of Woven Fabrics of Synthetic Filament Yarn and Artificial Filament Yarn by Country
| # | 10 Countries | Square Meters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 491,970,000 | 2023 | +1.89% | -4.19% | View data |
| 2 | 2 Italy | 238,340,000 | 2023 | -2.81% | -0.42% | View data |
| 3 | 3 Czechia | 218,420,000 | 2023 | |||
| 4 | 4 Germany | 169,030,000 | 2023 | -8.37% | -10.28% | View data |
| 5 | 5 Greece | 82,586,000 | 2023 | +7.5% | +6.89% | View data |
| 6 | 6 Spain | 57,995,000 | 2023 | -4.3% | -4.79% | View data |
| 7 | 7 Poland | 55,677,000 | 2023 | -6.1% | -6.26% | View data |
| 8 | 8 Austria | 47,893,000 | 2023 | +8.08% | +3.56% | View data |
| 9 | 9 Lithuania | 29,866,000 | 2023 | +1.42% | -2.04% | View data |
| 10 | 10 Denmark | 15,094,000 | 2023 | +70.28% | +79.8% | View data |
