In 2023, Germany leads the global export of tyre cord fabric from high tenacity viscose rayon yarn, with a value of 108.86 million USD, and exhibited a growth rate of 2.68% YoY. India, Italy, and Luxembourg follow as significant exporters, although Luxembourg experienced a notable decline of 7.12%. Emerging markets like Belgium and Switzerland showed promising growth rates at 4.22% and 253.33% respectively, indicating potential areas for expansion. In contrast, countries like the Netherlands and Portugal have faced severe export declines.
Trends to watch for in 2024 include:
- Continued growth in Asian markets, particularly in India and Japan, driven by increased demand and improved manufacturing capabilities.
- The potential for recovery in traditionally strong European markets like Luxembourg and Poland, with innovation and sustainability becoming key differentiators.
- Monitoring the impact of global economic shifts including potential supply chain disruptions that may further affect smaller exporters.
Top countries in Export of Tyre Cord Fabric of High Tenacity Viscose Rayon Yarn by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 108,860,000 | 2023 | +2.84% | +2.68% | View data |
| 2 | 2 India | 56,240,000 | 2023 | +3.52% | +4.02% | View data |
| 3 | 3 Italy | 50,546,000 | 2023 | +1.6% | +1.67% | View data |
| 4 | 4 Luxembourg | 40,884,000 | 2023 | -8.94% | -7.12% | View data |
| 5 | 5 Poland | 39,511,000 | 2023 | +1.65% | -3.36% | View data |
| 6 | 6 Czech Republic | 17,558,000 | 2023 | +3.13% | -2.99% | View data |
| 7 | 7 Japan | 12,630,000 | 2023 | +2.88% | +3.72% | View data |
| 8 | 8 United States | 3,468,000 | 2023 | -5.45% | -5.61% | View data |
| 9 | 9 Thailand | 3,193,900 | 2023 | +5.67% | -0.24% | View data |
| 10 | 10 Belgium | 3,030,100 | 2023 | +4.85% | +4.22% | View data |
