In 2023, Italy dominated European sold production of clasps and similar items, holding a substantial share. It showed a positive trend with an 8.72% increase. Germany and France were the second and third largest contributors, both experiencing growth, with Germany at a stronger 10.01% increase. Meanwhile, Spain and Portugal experienced slight declines, and the UK witnessed a significant drop of 18.17%. Small players like Estonia remained stable without change. Over a five-year period, the compound annual growth rate might underline Italy's persistent lead and varying growth across other regions.
Future trends could include shifts towards sustainable practices impacting production, digitalization of supply chains, and a possible realignment due to geopolitical factors. Additionally, changing fashion trends and consumer preferences may influence demand dynamics in different regions.
Top countries in Sold Production of Clasps, Frames with Clasps, Buckles, Buckle-Clasps, Hooks, Eyes, Eyelets, of Base Metal, of a Kind Used for Clothing, Footwear, Awnings, Handbags, Travel Goods or Other Made-Up Articles Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 70.22 | 2023 | +3.94% | +8.72% | View data |
| 2 | 2 Germany | 13.03 | 2023 | +4.79% | +10.01% | View data |
| 3 | 3 France | 10.74 | 2023 | +6.44% | +2.07% | View data |
| 4 | 4 Spain | 1.45 | 2023 | +5.11% | -2.08% | View data |
| 5 | 5 Portugal | 0.76 | 2023 | +3.27% | -3.61% | View data |
| 6 | 6 United Kingdom | 0.53 | 2023 | -13.14% | -18.17% | View data |
| 7 | 7 Poland | 0.35 | 2023 | -1.24% | -1.53% | View data |
| 8 | 8 Lithuania | 0.28 | 2023 | +3.14% | +3.62% | View data |
| 9 | 9 Denmark | 0.11 | 2023 | -7.74% | -6.33% | View data |
| 10 | 10 Czechia | 0.035 | 2023 |
