The global export landscape for chenille fabric of manmade fibers shows China as the dominant player with a market share of 39.45% in 2023, experiencing a modest growth of 0.32% year-on-year. Other significant contributors include Belgium (12.64%) and Spain (11.48%), albeit Belgium saw a decline of 4.68% whereas Spain had a surge of 2.56%. The United States and the UK hold 6.97% and 6.56% shares, respectively, both recording growth. Notable increases in export shares were seen in Romania (6.49%) and Egypt (10.13%). Despite a low share, Japan experienced a remarkable growth of 52.71%.
Future trends to watch include the continuing expansion of emerging markets like Romania and Egypt. Moreover, robust growth in Japan and Ireland suggests increasing competitiveness. With changing consumer preferences and sustainability concerns, countries might shift their production strategies, which could reshape the export landscape significantly in the coming years.
Top countries in Export of Chenille Fabric of Manmade Fibres Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 39.45 | 2023 | -0.39% | +0.32% | View data |
| 2 | 2 Belgium | 12.64 | 2023 | -5.48% | -4.68% | View data |
| 3 | 3 Spain | 11.48 | 2023 | +2.26% | +2.56% | View data |
| 4 | 4 United States | 6.97 | 2023 | +2.03% | +2.71% | View data |
| 5 | 5 United Kingdom | 6.56 | 2023 | +3.27% | +3.34% | View data |
| 6 | 6 India | 5.42 | 2023 | +2.82% | +3.08% | View data |
| 7 | 7 Italy | 5.25 | 2023 | +1.83% | +1.66% | View data |
| 8 | 8 Romania | 5.09 | 2023 | +5.41% | +6.49% | View data |
| 9 | 9 Germany | 4.85 | 2023 | -0.96% | -0.65% | View data |
| 10 | 10 Brazil | 1.89 | 2023 | +3.17% | +4.78% | View data |
