In 2023, Italy dominated the global export market of woven fabrics of carded wool or carded fine animal hair, mixed mainly or solely with man-made staple fibers, holding close to half of the market share. Despite a slight contraction of 2.87% from the previous year, Italy remains the leading exporter. China and Spain are the next largest contributors, experiencing a slight growth of 0.24% and a more significant increase of 3.99%, respectively. Notably, smaller markets like Latvia and Ireland saw dramatic growth rates, reflective of regional trends or niche market expansions.
Future trends to watch include:
- The resilience and expansion of smaller emerging markets like Indonesia, reflecting a broader diversification in global trade players.
- The potential impact of geopolitical and economic conditions in Europe affecting major players such as Germany and the Netherlands, which showed notable declines.
- Technological advancements in textile production and sustainability practices could redefine competitive advantages globally, affecting future market shares.
- The ongoing impact of trade policies, tariffs, and international relations will remain a critical factor in market dynamics.
Top countries in Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair, Mixed Mainly or Solely with Man-Made Staple Fibres Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 49.97 | 2023 | -2.18% | -2.87% | View data |
| 2 | 2 China | 15.39 | 2023 | +0.29% | +0.24% | View data |
| 3 | 3 Spain | 9.48 | 2023 | +3.6% | +3.99% | View data |
| 4 | 4 Denmark | 4.76 | 2023 | +3.62% | +3.52% | View data |
| 5 | 5 United Kingdom | 3.11 | 2023 | -1.14% | -2.2% | View data |
| 6 | 6 Japan | 2.32 | 2023 | -2.36% | -1.6% | View data |
| 7 | 7 Germany | 1.88 | 2023 | -16.34% | -14.19% | View data |
| 8 | 8 Norway | 1.62 | 2023 | +2.23% | +2.71% | View data |
| 9 | 9 Mexico | 1.39 | 2023 | -0.38% | +0.22% | View data |
| 10 | 10 Belgium | 1.06 | 2023 | -2.04% | -2.32% | View data |