The global export of long pile knit or crochet textile fabric is dominated by China, which holds a significant share of 62.4%, experiencing a year-on-year growth of 2.72% in 2023. South Korea follows with a 6.42% share but faces a decline of 3.67%. Other notable exporters like Italy, Germany, and Portugal exhibit varying degrees of fluctuation, with Germany and Portugal showing positive growth rates. In contrast, countries like Japan, the United Kingdom, and France have seen significant declines.
Future trends to watch include Asia's continued dominance, with China likely maintaining its lead. Emerging markets in Eastern Europe and South America show potential for growth as they expand their production capabilities and improve trade agreements. Sustainability and eco-friendly practices will play a crucial role in shaping the industry's direction, with increasing consumer demand for sustainable products influencing export dynamics.
Top countries in Export of Long Pile Knit or Crochet Textile Fabric Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 62.4 | 2023 | +3.6% | +2.72% | View data |
| 2 | 2 South Korea | 6.42 | 2023 | -3.72% | -3.67% | View data |
| 3 | 3 Italy | 5.25 | 2023 | -7.79% | -7.97% | View data |
| 4 | 4 Germany | 4.79 | 2023 | -0.74% | +3.15% | View data |
| 5 | 5 Portugal | 3.62 | 2023 | +4.62% | +4.26% | View data |
| 6 | 6 United States | 1.54 | 2023 | -3.93% | -3.12% | View data |
| 7 | 7 Indonesia | 1.52 | 2023 | +2.58% | +1.57% | View data |
| 8 | 8 Spain | 1.38 | 2023 | +0.63% | +2.28% | View data |
| 9 | 9 Belarus | 1.15 | 2023 | -5.65% | -6.34% | View data |
| 10 | 10 United Kingdom | 1.05 | 2023 | -6.35% | -6.93% | View data |
