In 2023, Saudi Arabia led global imports of woven fabric of coarse animal hair or horse hair with 5.1708 million kilograms, showing modest growth at 6.27%. The United Kingdom exhibited the largest increase at 102.94%, suggesting significant market expansion, while Italy saw a decline of 10.24%. Notably, Lebanon recorded an astounding increase of 474.57%, albeit from a smaller base, indicating potential growth areas. Conversely, Indonesia and the United Arab Emirates experienced marked decreases at -3.25% and -14.08%, respectively, reflecting potential shifts in demand or supply chains.
Future trends to monitor include potential market expansion in rapidly growing countries such as Lebanon and Myanmar, which might attract more investment and supply chain activity. Additionally, geopolitical or economic changes in major importing nations like Saudi Arabia and the UK could impact both import volumes and global market dynamics. Monitoring economic conditions and trade policies will be crucial for anticipating future shifts in the import landscape for this niche market.
Top countries in Import of Woven Fabric of Coarse Animal Hair or Horse Hair by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saudi Arabia | 5,170,800 | 2023 | +3.43% | +6.27% | View data |
| 2 | 2 United Kingdom | 1,809,400 | 2023 | -6.62% | +102.94% | View data |
| 3 | 3 Italy | 118,350 | 2023 | -10.26% | -10.24% | View data |
| 4 | 4 Qatar | 98,780 | 2023 | +6.14% | +3.03% | View data |
| 5 | 5 Morocco | 44,300 | 2023 | +5.05% | +2.07% | View data |
| 6 | 6 Jordan | 37,340 | 2023 | +0.74% | -2.52% | View data |
| 7 | 7 Malaysia | 32,300 | 2023 | +5.39% | +3.15% | View data |
| 8 | 8 India | 19,800 | 2023 | +4.71% | +0.85% | View data |
| 9 | 9 Indonesia | 19,720 | 2023 | +3.05% | -3.25% | View data |
| 10 | 10 Thailand | 17,900 | 2023 | +0.25% | -0.82% | View data |
