The global export market for yarn of carded fine animal hair in 2023 was dominated by China, contributing significantly with a share of 78.85%. Other noteworthy contributors were Italy and the United Kingdom, although their shares were much smaller at 13.47% and 4.65% respectively. Emerging players with small contributions included Croatia, Mongolia, and South Korea. Interestingly, South Africa experienced a remarkable surge with a 70.02% increase. Conversely, notable decreases were observed in exports from Japan, the United States, and Sweden, showing substantial declines over the past year.
Future trends to monitor include potential shifts in market shares as China continues to solidify its dominance. However, the burgeoning increases from African nations like South Africa may indicate emerging diversification in the global supply chain. Furthermore, economic factors such as currency fluctuations, trade policies, and demand shifts in luxury textile markets might influence future export dynamics.
Top countries in Export of Yarn of Carded Fine Animal Hair Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 78.85 | 2023 | +2.27% | +1.95% | View data |
| 2 | 2 Italy | 13.47 | 2023 | +3.17% | +2.08% | View data |
| 3 | 3 United Kingdom | 4.65 | 2023 | -1.98% | -2.86% | View data |
| 4 | 4 Croatia | 0.73 | 2023 | +6.28% | +0.78% | View data |
| 5 | 5 Mongolia | 0.17 | 2023 | +5.01% | +2.81% | View data |
| 6 | 6 South Korea | 0.16 | 2023 | +0.34% | -7.37% | View data |
| 7 | 7 Japan | 0.098 | 2023 | -20.53% | -16.13% | View data |
| 8 | 8 France | 0.056 | 2023 | -5.04% | -5.36% | View data |
| 9 | 9 Madagascar | 0.027 | 2023 | +4.46% | +3.26% | View data |
| 10 | 10 Lithuania | 0.026 | 2023 | +5.8% | +1.32% | View data |
