The European sold production of synthetic staple fibres shows significant disparities among countries. In 2023, Italy led with 253.46 million euros, followed by Germany and Spain. Year-on-year variations for 2023 saw Italy and Spain achieving notable growth at 9.41% and 7.24%, respectively. In contrast, France experienced a decline of 16.95%. Over the last five years, CAGR trends indicate that larger economies like Italy continue to dominate, while smaller economies face fluctuations.
Future trends to watch include:
- The technological advancements in fibre production and increasing sustainability demands may shift market shares.
- Expected economic fluctuations and regulatory changes surrounding environmental impact could reshape the competitive landscape in Europe.
- Potentially increasing investment in research could see Eastern European countries emerging as more significant players in the long-term.
Top countries in Sold Production of Synthetic Staple Fibres by Country
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 253,460,000 | 2023 | +2.38% | +9.41% | View data |
| 2 | 2 Germany | 29,164,000 | 2023 | +9.21% | +2.24% | View data |
| 3 | 3 Spain | 28,705,000 | 2023 | +5.11% | +7.24% | View data |
| 4 | 4 Portugal | 17,787,000 | 2023 | +9.51% | +0.21% | View data |
| 5 | 5 France | 4,535,000 | 2023 | -8.38% | -16.95% | View data |
| 6 | 6 Czechia | 1,128,900 | 2023 | |||
| 7 | 7 Hungary | 458,940 | 2023 | -1.92% | -2.59% | View data |
| 8 | 8 United Kingdom | 434,940 | 2023 | -0.96% | -1.07% | View data |
| 9 | 9 Lithuania | 228,490 | 2023 | +2.29% | +3.57% | View data |
