The global export of tufted textile fabric, excluding carpets, is dominated by China with a significant share of the market despite a decline of 11.77% in 2023. Germany and the United States follow as strong contributors with positive growth over the year. Notable year-on-year growth in exports was observed in Thailand, Chile, and Mexico. Meanwhile, significant declines occurred in South Africa, South Korea, and Switzerland. Overall, the industry has shown varied performances across different countries, with some regions benefitting from increased demand while others have faced challenges and decline.
Future trends to watch include China's recovery attempts to maintain its lead in the market, ongoing growth opportunities in emerging markets like Mexico and Indonesia, and Europe’s adaptability to maintain competitive export positions amidst fluctuating global trade circumstances.
Top countries in Export of Tufted Textile Fabric, Except Carpets Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 36.13 | 2023 | -13.95% | -11.77% | View data |
| 2 | 2 Germany | 18.67 | 2023 | +5.01% | +4.2% | View data |
| 3 | 3 United States | 15.37 | 2023 | +4.57% | +5.05% | View data |
| 4 | 4 Netherlands | 9.89 | 2023 | +0.46% | +0.88% | View data |
| 5 | 5 Slovakia | 4.38 | 2023 | -13.81% | -8.38% | View data |
| 6 | 6 France | 3.03 | 2023 | +1.23% | -4.61% | View data |
| 7 | 7 United Arab Emirates | 2.85 | 2023 | +4% | -1.03% | View data |
| 8 | 8 Japan | 2.84 | 2023 | -12.69% | -11.28% | View data |
| 9 | 9 Thailand | 2.11 | 2023 | +4.1% | +7.24% | View data |
| 10 | 10 Spain | 0.98 | 2023 | +1.58% | +9.17% | View data |
