In 2023, Italy led the global export market for yarn of acrylic or modacrylic staple fibres mixed mainly or solely with wool or fine animal hair, holding a significant share despite a 3.83% decline. Romania, with a slight increase of 0.46%, and China, which saw an 8.2% decrease, were key players. Rising exporters included Moldova (14.32%) and Bosnia and Herzegovina (76.27%), showing remarkable growth. Conversely, Japan and France experienced substantial declines of 16.26% and 39.75%, respectively. Recent trends suggest a more diversified market with emerging exporters gaining traction, though established leaders continue to dominate.
Future trends to watch include increased competition from Eastern Europe and potential impacts of technological advancements in textile manufacturing. Sustainability practices and changing fashion industry demands may further influence global export dynamics and market shares in the coming years. Monitoring these factors will be crucial for market participants seeking growth opportunities in this sector.
Top countries in Export of Yarn of Acrylic or Modacrylic Staple Fibres Mixed Mainly or Solely with Wool or Fine Animal Hair Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 30.31 | 2023 | -3.6% | -3.83% | View data |
| 2 | 2 Romania | 23.49 | 2023 | +0.7% | +0.46% | View data |
| 3 | 3 China | 14.37 | 2023 | -6.97% | -8.2% | View data |
| 4 | 4 Bulgaria | 14.13 | 2023 | -0.26% | -0.22% | View data |
| 5 | 5 Belarus | 4.53 | 2023 | -1.12% | +1.36% | View data |
| 6 | 6 Croatia | 2.05 | 2023 | +4.12% | +4.62% | View data |
| 7 | 7 Austria | 1.15 | 2023 | -4.19% | -3.48% | View data |
| 8 | 8 India | 0.81 | 2023 | +5.03% | +3.77% | View data |
| 9 | 9 Lithuania | 0.73 | 2023 | +2.45% | +3.58% | View data |
| 10 | 10 Russia | 0.45 | 2023 | +5.86% | +2.43% | View data |
