In 2023, China dominated the market for global exports of woven fabrics of synthetic staple fibers, with a significant lead over other countries. Pakistan, Thailand, and the United States followed but in much smaller quantities. There have been noticeable fluctuations recently: China's export value dropped by 0.26%, while countries like Portugal and Kyrgyzstan witnessed significant growth of 2.5% and over 285% respectively. Conversely, the Philippines faced a substantial decline of nearly 44%. The year-on-year variations highlight wide disparities, with Ukraine marking a dramatic 62.54% increase, and the UK declining sharply by 20.05%.
Future trends to watch include China's potential strategies to regain market share and how emerging markets in Asia might capitalize on growth potential. Moreover, the impact of geopolitical factors, trade regulations, and sustainability practices will shape the dynamics of this market. Countries aiming for technological advancements and fair labor practices might see better growth trajectories.
Top countries in Export of Woven Fabrics of Synthetic Staple Fibres, Containing Less Than 85% by Weight of Such Fibres, Mixed Mainly or Solely With Cotton, of a Weight Not Exceeding 170 g/m2 by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,474,400,000 | 2023 | -1.08% | -0.26% | View data |
| 2 | 2 Pakistan | 162,360,000 | 2023 | -1.62% | -2.43% | View data |
| 3 | 3 Thailand | 139,380,000 | 2023 | -0.36% | +0.18% | View data |
| 4 | 4 United States | 94,293,000 | 2023 | -0.38% | -0.63% | View data |
| 5 | 5 Indonesia | 79,788,000 | 2023 | -4.44% | -3.98% | View data |
| 6 | 6 Japan | 56,245,000 | 2023 | -1.05% | -0.18% | View data |
| 7 | 7 Germany | 52,432,000 | 2023 | -0.86% | -1.53% | View data |
| 8 | 8 India | 50,280,000 | 2023 | +0.51% | +0.92% | View data |
| 9 | 9 Malaysia | 40,387,000 | 2023 | -0.58% | -0.73% | View data |
| 10 | 10 France | 25,257,000 | 2023 | -2.29% | -2.53% | View data |