In 2024, Italy leads in wool yarn production in Europe with a 57.14% share, despite a significant decline of 6.5% in 2023. Lithuania follows with a 13.51% share and a positive growth rate of 2.78%. Denmark and Poland exhibit growth at 0.95% and 4.51%, contributing to shares of 9.17% and 7.08%, respectively. Conversely, notable declines were observed in Spain at -8.72% and France at -23.84%, with minimal shares of 2.1% and 0.34%.
Looking ahead, the European wool yarn market may benefit from technological advancements in sustainable practices and increased demand for eco-friendly textiles. Watch for further growth in Lithuania and potential market recovery in countries experiencing recent declines.
Top countries in Sold Production of Wool Yarn Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 57.14 | 2023 | +1.5% | -6.5% | View data |
| 2 | 2 Lithuania | 13.51 | 2023 | +2.85% | +2.78% | View data |
| 3 | 3 Denmark | 9.17 | 2023 | +25.01% | +0.95% | View data |
| 4 | 4 Poland | 7.08 | 2023 | +5.61% | +4.51% | View data |
| 5 | 5 Romania | 4.2 | 2023 | +2.77% | -2.34% | View data |
| 6 | 6 Portugal | 2.98 | 2023 | +10.48% | -3.97% | View data |
| 7 | 7 Spain | 2.1 | 2023 | -8.28% | -8.72% | View data |
| 8 | 8 Finland | 1.04 | 2023 | +9% | +8.64% | View data |
| 9 | 9 Norway | 0.77 | 2023 | -1.89% | +3.78% | View data |
| 10 | 10 France | 0.34 | 2023 | -23.14% | -23.84% | View data |
