In 2023, the global export of single yarns containing 85% or less by weight of artificial staple fibers saw Italy dominate the market with significant exports valued at $19.72 million. China, despite its large manufacturing capacity, faced a steep decline of 16.49%. Poland and Croatia showed positive growth with increases of 13.96% and 19.87% respectively, indicating emerging capabilities in these markets. Conversely, Japan and Spain experienced substantial declines, with decreases of 17.33% and 22.76%. The Netherlands had the most dramatic drop at 62.1%, illustrating potential shifts in its textile export strategy.
Future trends to watch include:
- The resurgence of Eastern European countries such as Poland and Croatia potentially reshaping the market dynamics.
- China's attempts to reverse its downward trend, possibly through innovation or policy adaptation.
- Monitoring Italy's ability to maintain its leading position amidst global competition.
- Environmental and regulatory shifts influencing production and export strategies globally.
Top countries in Export of Single Yarn Containing 85% or Less by Weight of Artificial Staple Fibres by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 19,720,000 | 2023 | +2.31% | +1.6% | View data |
| 2 | 2 China | 3,184,100 | 2023 | -18.32% | -16.49% | View data |
| 3 | 3 Germany | 2,273,000 | 2023 | -4.3% | -4.73% | View data |
| 4 | 4 Bulgaria | 1,915,600 | 2023 | -2.55% | -1.49% | View data |
| 5 | 5 Poland | 1,719,600 | 2023 | +3.22% | +13.96% | View data |
| 6 | 6 Croatia | 1,179,500 | 2023 | +2.68% | +19.87% | View data |
| 7 | 7 Lithuania | 414,530 | 2023 | +6.15% | +5.38% | View data |
| 8 | 8 Czech Republic | 318,760 | 2023 | -2.05% | -5.78% | View data |
| 9 | 9 Austria | 265,150 | 2023 | -31.19% | -18.66% | View data |
| 10 | 10 Thailand | 187,700 | 2023 | +3.6% | +3.79% | View data |
