In 2023, the global export market for unbleached or bleached woven fabric containing 85% or more by weight of acrylic or modacrylic staple fibers was led by South Korea, followed by France and the United States. Notably, South Korea and France showed positive year-on-year growth, with rates of 3.57% and 4.01%, respectively, while the United States faced a slight downturn of 0.87%. China experienced a significant decline of 7.42%, highlighting potential challenges or competitive pressure in the market. Spain recorded the highest growth rate at 20.5%, indicating a strong demand or an increase in production capabilities.
Future trends to watch include:
- The resilience of South Korea as a market leader and its ability to maintain or enhance its export competitiveness.
- France and Morocco's continued positive momentum could indicate strengthening positions in the global market.
- The United States and China's strategies to overcome their respective decline trends will be crucial.
- The potential for emerging markets like Russia, which saw a 75.79% increase, to contribute more significantly.
- Monitoring sustainability initiatives and technological advancements that could reshape industry dynamics and drive new growth opportunities.
Top countries in Export of Unbleached or Bleached Woven Fabric Containing 85% or More by Weight of Acrylic or Modacrylic Staple Fibres by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 9,559,700 | 2023 | +2.78% | +3.57% | View data |
| 2 | 2 France | 3,330,900 | 2023 | +2.89% | +4.01% | View data |
| 3 | 3 United States | 2,798,400 | 2023 | +0.36% | -0.87% | View data |
| 4 | 4 China | 1,857,100 | 2023 | -9.81% | -7.42% | View data |
| 5 | 5 Morocco | 1,409,500 | 2023 | +1.56% | +4.43% | View data |
| 6 | 6 Austria | 665,340 | 2023 | +0.085% | -1.02% | View data |
| 7 | 7 Chile | 562,060 | 2023 | -3.98% | -3.26% | View data |
| 8 | 8 Thailand | 254,990 | 2023 | +5.48% | +2.07% | View data |
| 9 | 9 Germany | 154,300 | 2023 | -7.38% | -0.57% | View data |
| 10 | 10 Japan | 143,010 | 2023 | +2.12% | +4.6% | View data |
