In 2023, Italy maintained its lead in the global export of woven fabrics of carded wool or of carded fine animal hair, despite a 2.51% decline in value from the previous year. Notable growth was seen in Spain, Denmark, and Egypt, with increases of 3.34%, 2.83%, and 11.09% respectively. Germany faced a significant decrease of 16.79%, contributing to a shift in market dynamics. The United Kingdom and China remain key players, although with minor declines. The US, France, and Austria also saw reductions, suggesting increased competition and adaptation challenges.
Future trends to watch include the potential stabilization or growth in emerging markets like Egypt and Latvia. The varying economic conditions and shifts in consumer preferences may drive these changes, along with potential advancements in sustainable production methods that could affect trade balances.
Top countries in Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 42.29 | 2023 | -1.84% | -2.51% | View data |
| 2 | 2 China | 13.76 | 2023 | -0.062% | -0.36% | View data |
| 3 | 3 United Kingdom | 10.66 | 2023 | +0.65% | -0.0075% | View data |
| 4 | 4 Japan | 5.85 | 2023 | -1.1% | -3.12% | View data |
| 5 | 5 Spain | 4.86 | 2023 | +2.99% | +3.34% | View data |
| 6 | 6 Denmark | 3.97 | 2023 | +2.48% | +2.83% | View data |
| 7 | 7 South Korea | 1.94 | 2023 | -0.91% | +1.31% | View data |
| 8 | 8 France | 1.72 | 2023 | -3.3% | -5.18% | View data |
| 9 | 9 Norway | 1.66 | 2023 | +3.01% | +2.79% | View data |
| 10 | 10 Germany | 1.61 | 2023 | -20.57% | -16.79% | View data |
