In 2023, Germany led the global export of tyre cord fabric, capturing 23.86% market share, followed by Luxembourg at 15.61%, and Poland at 14.25%. Over the last year, India showed a notable increase by 4.11%, while Luxembourg experienced a decline of 4.03%. Other key players such as Hungary and Japan exhibited growth, whereas the United States saw a significant decrease of 23.58%.
For the future, growth is anticipated from emerging markets like India and established markets like Germany. However, vigilance is required for potential market fluctuations and geopolitical impacts that could influence trade policies and demand globally. Important future trends to consider include technological advancements and environmental considerations impacting manufacturing and export strategies.
Top countries in Export of Tyre Cord Fabric of High Tenacity Viscose Rayon Yarn Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.86 | 2023 | +3.01% | +3.1% | View data |
| 2 | 2 Luxembourg | 15.61 | 2023 | -5.79% | -4.03% | View data |
| 3 | 3 Poland | 14.25 | 2023 | +1.73% | -1.87% | View data |
| 4 | 4 India | 13.53 | 2023 | +3.3% | +4.11% | View data |
| 5 | 5 Italy | 11.75 | 2023 | +1.61% | +2.08% | View data |
| 6 | 6 Czech Republic | 7.9 | 2023 | +3.59% | -1.32% | View data |
| 7 | 7 Hungary | 2.67 | 2023 | +5.05% | +6.07% | View data |
| 8 | 8 Japan | 1.86 | 2023 | +3.21% | +3.59% | View data |
| 9 | 9 Romania | 1.23 | 2023 | +6.25% | +2.01% | View data |
| 10 | 10 Belgium | 0.64 | 2023 | +4.66% | +3.9% | View data |
