The global export landscape for yarn of carded wool, with wool content of 85% or less, is dominated by China, Italy, and Lithuania, in descending order of export value. In 2023, China led with a slight increase of 0.75%, while Italy witnessed a decline of 3.96%. Significant growth was also seen in Estonia (5.75%) and Morocco (8.93%), contrasting declines in Belgium (-21.95%) and South Korea (-10.55%). The United States experienced a notable increase of 10.57%.
Future trends to watch include:
- Potential growth from emerging markets driven by rising demand and production capabilities.
- Sustainability initiatives influencing sourcing and production processes.
- Technological advancements impacting production efficiency and quality.
- Potential shifts in trade policies affecting global supply chains and market access.
Top countries in Export of Yarn of Carded Wool Containing 85% or Less by Weight of Wool by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 93,502,000 | 2023 | +2.05% | +0.75% | View data |
| 2 | 2 Italy | 68,304,000 | 2023 | -3.77% | -3.96% | View data |
| 3 | 3 Lithuania | 41,930,000 | 2023 | +4.27% | +0.79% | View data |
| 4 | 4 United Kingdom | 33,135,000 | 2023 | +0.48% | -0.13% | View data |
| 5 | 5 Estonia | 29,225,000 | 2023 | +4.61% | +5.75% | View data |
| 6 | 6 Portugal | 8,757,300 | 2023 | -1.08% | -0.23% | View data |
| 7 | 7 Croatia | 7,152,800 | 2023 | +5.7% | +1.08% | View data |
| 8 | 8 South Korea | 3,433,500 | 2023 | -10.32% | -10.55% | View data |
| 9 | 9 Poland | 3,180,900 | 2023 | -5.54% | -10.97% | View data |
| 10 | 10 India | 2,339,400 | 2023 | -2.26% | -0.58% | View data |
