The global export market for yarn of combed fine animal hair saw China dominate in 2023 with 42.32% of market share, despite a slight decline of 0.17% year-on-year. Italy, the second-largest exporter, experienced a 0.19% decrease. Notable growths were present in Bolivia (4.09%) and the UAE (4.39%), though Japan saw a significant decline of 13.5%. Most European exporters displayed moderate stability with minor variation percentages.
Future trends to watch:
- China’s close to half market share suggests a strong position, yet policy changes or competitive dynamics could influence its output.
- Growth in developing countries like Bolivia and UAE demonstrates potential to diversify market shares further, possibly attracting investments or partnerships.
- Monitoring geopolitical influences, sustainability concerns, and technological advancements can shift export patterns considerably.
Top countries in Export of Yarn of Combed Fine Animal Hair Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 42.32 | 2023 | +1.55% | -0.17% | View data |
| 2 | 2 Italy | 17.27 | 2023 | +0.34% | -0.19% | View data |
| 3 | 3 Peru | 9.8 | 2023 | -4.96% | -3.58% | View data |
| 4 | 4 Poland | 9.43 | 2023 | +5.82% | +2.21% | View data |
| 5 | 5 South Africa | 9.21 | 2023 | +2.03% | +1.04% | View data |
| 6 | 6 Bulgaria | 6.85 | 2023 | +3.54% | +2.5% | View data |
| 7 | 7 Germany | 5.45 | 2023 | +3.53% | +3.1% | View data |
| 8 | 8 Bolivia | 1.65 | 2023 | +4.45% | +4.09% | View data |
| 9 | 9 United Arab Emirates | 0.68 | 2023 | +5.43% | +4.39% | View data |
| 10 | 10 Japan | 0.21 | 2023 | -9.26% | -13.5% | View data |
