In 2023, Germany led the global export market for needleloom felt and stitchbonded fiber fabric with $30.3 million, followed by China at $12.86 million and the United States at $9.97 million. Germany and China experienced growth with year-on-year variations of 2.32% and 2.82%, respectively, while the United Kingdom saw a decline of 5.06%. Notable growth was observed in Malaysia (17.12%) and Poland (16.17%), while Japan experienced significant contraction (-15.85%).
Looking ahead, the market is likely to see continued growth from emerging markets, particularly in Asia. Technological advancements and sustainable production methods could influence future export patterns, with larger economies focusing on maintaining their market dominance through innovation.
Top countries in Export of Needleloom Felt and Stitchbonded Fiber Fabric Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.3 | 2023 | +2.33% | +2.32% | View data |
| 2 | 2 China | 12.86 | 2023 | +3.21% | +2.82% | View data |
| 3 | 3 United States | 9.97 | 2023 | +1.82% | +1.43% | View data |
| 4 | 4 Italy | 6.32 | 2023 | -1.34% | -1.61% | View data |
| 5 | 5 France | 4.62 | 2023 | -1.64% | -0.55% | View data |
| 6 | 6 United Kingdom | 4.37 | 2023 | -4.48% | -5.06% | View data |
| 7 | 7 South Korea | 4.35 | 2023 | +4.41% | +3.11% | View data |
| 8 | 8 Canada | 4.01 | 2023 | +0.87% | +2.05% | View data |
| 9 | 9 Spain | 2.39 | 2023 | -1.55% | -1.61% | View data |
| 10 | 10 Belgium | 2.27 | 2023 | -1.39% | -1.34% | View data |
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