In 2023, China's export of tufted carpets of manmade textile materials, excluding nylon and polyamides, dominated the global market, growing by 3.63%. Belgium and the Netherlands also performed well by 0.37% and 1.22% respectively. Notably, India, Spain, and Italy saw remarkable increases of 5.64%, 4.99%, and 3.14%. In contrast, the United States suffered a slight decline of 0.87%, with Canada experiencing a sharper decrease of 6.0%. Smaller markets like Lithuania and Malta grew by 7.51% and 156.91%, reflecting niche expansion.
Future trends to watch include:
- China's continued dominance and potential further growth.
- Emerging markets such as India and Lithuania offering new opportunities due to robust growth.
- Potential recovery in the United States and Canada could re-position them in the global market.
- Monitoring geopolitical and economic factors that may impact trade dynamics and currency fluctuations.
Top countries in Export of Tufted Carpets of Manmade Textile Materials Other Than Nylon and Polyamides by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,483,200,000 | 2023 | +3.75% | +3.63% | View data |
| 2 | 2 Belgium | 582,850,000 | 2023 | +0.2% | +0.37% | View data |
| 3 | 3 Netherlands | 417,290,000 | 2023 | +1.64% | +1.22% | View data |
| 4 | 4 United States | 181,700,000 | 2023 | -1.11% | -0.87% | View data |
| 5 | 5 India | 172,230,000 | 2023 | +4.17% | +5.64% | View data |
| 6 | 6 United Arab Emirates | 97,452,000 | 2023 | +4.04% | +1.75% | View data |
| 7 | 7 Germany | 60,645,000 | 2023 | -0.51% | -0.76% | View data |
| 8 | 8 France | 58,061,000 | 2023 | +2.67% | +0.51% | View data |
| 9 | 9 Italy | 48,324,000 | 2023 | +3% | +3.14% | View data |
| 10 | 10 Canada | 47,439,000 | 2023 | -1.06% | -6% | View data |