In 2023, China dominated the global export market for warp knit fabric of manmade fibers with a substantial share. South Korea and Germany followed as other significant exporters, though at a much lower percentage. Whereas countries like the United Kingdom, Austria, and France experienced declines, emerging markets such as Slovakia, Hungary, and Thailand showed notable growth in their market shares over the past year.
Future trends to watch include China's continued dominance while European countries may experience consolidation or moderate growth. Emerging markets in Southeast Asia and Eastern Europe are predicted to expand their market presence as they capitalize on competitive advantages and increasing global demand.
Top countries in Export of Warp Knit Fabric of Manmade Fibres Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 40.89 | 2023 | +3.55% | +3.4% | View data |
| 2 | 2 South Korea | 13.75 | 2023 | +1.18% | +1.48% | View data |
| 3 | 3 Germany | 9.13 | 2023 | -1.14% | +0.16% | View data |
| 4 | 4 Japan | 5.57 | 2023 | +1.35% | +1.75% | View data |
| 5 | 5 United States | 4.95 | 2023 | +0.93% | +1.11% | View data |
| 6 | 6 Italy | 3.88 | 2023 | +0.44% | +1.16% | View data |
| 7 | 7 Spain | 2.21 | 2023 | +1.28% | +1.43% | View data |
| 8 | 8 Sweden | 1.87 | 2023 | +2.36% | +2.98% | View data |
| 9 | 9 Slovakia | 1.78 | 2023 | +3.44% | +3.89% | View data |
| 10 | 10 United Kingdom | 1.67 | 2023 | -0.39% | -2.6% | View data |
