In 2023, China dominated the global export of pile knit or crochet fabric of manmade fibers with an overwhelming share of 92.18%, marking a 4.44% year-on-year increase. South Korea and Belarus followed with significantly smaller shares, but contrasting trends: South Korea declined by 7.8%, while Belarus grew by 17.51%. Noteworthy is Israel's surge by 137.66%, reflecting strong growth potential. Meanwhile, European key players like Germany and Italy witnessed declines, while Eastern European and Asian countries such as Greece and Estonia saw significant growths of 23.1% and 31.64% respectively.
Future trends to watch include the continuing dominance of China and the potential market shifts driven by the economic developments and trade policies affecting Asian exporters. Emerging markets, particularly in Eastern Europe and parts of Asia, may take advantage of increasing global demand and technological advancements, potentially diversifying the export market further. Sustainability concerns and trade regulations may also influence production and export dynamics.
Top countries in Export of Pile Knit or Crochet Fabric of Manmade Fibres Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 92.18 | 2023 | +4.71% | +4.44% | View data |
| 2 | 2 South Korea | 1.14 | 2023 | -8.53% | -7.8% | View data |
| 3 | 3 Belarus | 0.67 | 2023 | +5.34% | +17.51% | View data |
| 4 | 4 United States | 0.27 | 2023 | -6.01% | -2.43% | View data |
| 5 | 5 Netherlands | 0.2 | 2023 | +1.42% | +0.9% | View data |
| 6 | 6 Malaysia | 0.19 | 2023 | +3.57% | +12.33% | View data |
| 7 | 7 Italy | 0.18 | 2023 | -2.18% | -3.32% | View data |
| 8 | 8 Poland | 0.14 | 2023 | +4.77% | +8.89% | View data |
| 9 | 9 Spain | 0.13 | 2023 | +0.41% | -0.35% | View data |
| 10 | 10 United Kingdom | 0.13 | 2023 | +0.62% | +1.71% | View data |
