In 2023, India led the global import market for parts and accessories of machines for preparing textile fibres, excluding card clothing, with a 17.64% share. China and the Netherlands followed, contributing 12.25% and 9.13%, respectively. Notably, Denmark and Poland experienced significant year-on-year growth rates of 12.18% and 4.92%. Conversely, countries like Belgium and Hungary recorded sharp declines by 11.34% and 37.21%. The compound annual growth rate over the last five years indicates a mixed performance across countries, showcasing dynamic market shifts.
Future trends to watch include potential increases in import volumes from countries like Kyrgyzstan and Botswana, highlighting their unexpected surges in growth. Additionally, the textile machinery market may witness technological advancements and sustainability considerations, influencing global trade patterns and reshaping the competitive landscape.
Top countries in Import of Parts and Accessories of Machines for Preparing Textile Fibres, Other Than Card Clothing Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 17.64 | 2023 | +3.79% | +4.05% | View data |
| 2 | 2 China | 12.25 | 2023 | +3.17% | +4.29% | View data |
| 3 | 3 Netherlands | 9.13 | 2023 | +6.43% | +1.17% | View data |
| 4 | 4 Czech Republic | 8.26 | 2023 | +3.56% | +1.2% | View data |
| 5 | 5 Switzerland | 7.43 | 2023 | -1.33% | -6.96% | View data |
| 6 | 6 Italy | 6.2 | 2023 | +3.24% | +3.98% | View data |
| 7 | 7 Germany | 5.55 | 2023 | -2.87% | -2.51% | View data |
| 8 | 8 United States | 4.82 | 2023 | -0.58% | -2.46% | View data |
| 9 | 9 Brazil | 2.82 | 2023 | +1.23% | -0.79% | View data |
| 10 | 10 France | 2.82 | 2023 | +0.48% | +0.35% | View data |
