The landscape of global exports of sewing thread of man-made staple fibers is dominated by China, which accounts for a significant portion of the market despite a slight decline of 1.04% in 2023. Other major exporters include the United States, Egypt, and Germany, with mixed year-on-year variations. The United States saw a decline, while Egypt experienced a notable increase. Germany and South Korea faced reductions in export value, reflecting broader challenges in these regions. Europe presented diverse dynamics, with countries like Hungary and Romania showing growth, while others like Italy and France declined substantially.
Looking forward, the market is expected to experience shifts, influenced by emerging market growth, technological advancements in textile manufacturing, and changing trade policies. Emphasis on sustainability and innovation could reshape export characteristics, presenting opportunities for niche market players. Countries that adapt to evolving demand patterns and invest in sustainable practices may see increased competitiveness in this sector.
Top countries in Export of Sewing Thread of Man-Made Staple Fibres by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 407,470,000 | 2023 | -0.49% | -1.04% | View data |
| 2 | 2 United States | 30,112,000 | 2023 | -0.5% | -2.32% | View data |
| 3 | 3 Egypt | 16,354,000 | 2023 | +3.2% | +4.75% | View data |
| 4 | 4 Germany | 15,661,000 | 2023 | -4.61% | -6.07% | View data |
| 5 | 5 South Korea | 14,156,000 | 2023 | -13.16% | -10.05% | View data |
| 6 | 6 Israel | 12,429,000 | 2023 | +3.28% | +4.46% | View data |
| 7 | 7 Hungary | 10,977,000 | 2023 | +3.13% | +2.96% | View data |
| 8 | 8 Netherlands | 7,737,400 | 2023 | +1.88% | -1.08% | View data |
| 9 | 9 India | 7,577,900 | 2023 | +1.96% | +0.69% | View data |
| 10 | 10 Indonesia | 7,233,600 | 2023 | -6.6% | -6.62% | View data |
