Germany dominates the global export market for machines to extrude, draw, and cut manmade textile fibers, accounting for 44.42% share in 2023. It is followed by China and Japan, with shares of 25.63% and 9.77% respectively. The United Kingdom and South Korea saw declines, while Belgium and Poland registered notable growth. Luxembourg and Bahrain exhibited significant increases with year-on-year growth of 93.99% and 60.45% respectively. Overall, the market showed mixed trends with variations in performance among countries.
Future trends to watch include the potential growth of emerging markets, continued technological advancements in machine manufacturing, and increased global demand for manmade textiles, which are likely to drive export growth from key players. Additionally, economic policies and global trade dynamics may significantly influence future exports distribution and growth percentages across countries.
Top countries in Export of Machines To Extrude, Draw, Cut Manmade Textile Fibres Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 44.42 | 2023 | +3.24% | +1.29% | View data |
| 2 | 2 China | 25.63 | 2023 | +3.57% | +2.33% | View data |
| 3 | 3 Japan | 9.77 | 2023 | +1.88% | +5.66% | View data |
| 4 | 4 Italy | 5.56 | 2023 | +0.71% | -0.42% | View data |
| 5 | 5 United States | 2.68 | 2023 | +1.17% | +1.13% | View data |
| 6 | 6 United Kingdom | 0.85 | 2023 | +0.95% | -2.12% | View data |
| 7 | 7 South Korea | 0.67 | 2023 | -12.97% | -8.78% | View data |
| 8 | 8 Belgium | 0.58 | 2023 | +1.66% | +6.72% | View data |
| 9 | 9 India | 0.48 | 2023 | +0.81% | +3.25% | View data |
| 10 | 10 Austria | 0.36 | 2023 | -8.63% | -10.61% | View data |
