In the global export market for mechanically made lace of other than man-made fibers by country, China continues to dominate with a significant share of 67.48%, showing a year-on-year growth of 4.35%. India follows with 11.71% and a notable 6.98% increase. France holds a smaller portion at 3.69%, while countries like the UAE and the UK also contribute, albeit with minor shares compared to China and India. There have been fluctuations in growth, with Hungary and Bahrain experiencing remarkable increases, whereas countries like Greece, Thailand, and Belgium saw declines.
Future trends to watch include China's continuous expansion, potentially increasing its market control. India's steady growth suggests potential market-driven competition. Attention should be paid to emerging markets like Hungary and Bahrain, which are showing impressive growth trajectories, as well as the potential recovery or further decline of markets such as Thailand and Belgium. The trajectory of eco-friendly materials and technological advancements in lace production might drive future shifts in export dominance and country rankings.
Top countries in Export of Mechanically Made Lace of Other Than Man-Made Fibres Materials Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 67.48 | 2023 | +3.61% | +4.35% | View data |
| 2 | 2 India | 11.71 | 2023 | +2.77% | +6.98% | View data |
| 3 | 3 France | 3.69 | 2023 | +3.7% | +1.83% | View data |
| 4 | 4 United Arab Emirates | 2.56 | 2023 | +1.41% | +1.19% | View data |
| 5 | 5 United Kingdom | 1.84 | 2023 | +2.79% | +4.92% | View data |
| 6 | 6 Pakistan | 1.71 | 2023 | +3.91% | +1.21% | View data |
| 7 | 7 Greece | 0.84 | 2023 | +6.02% | -4.31% | View data |
| 8 | 8 Spain | 0.74 | 2023 | +4.26% | +1.9% | View data |
| 9 | 9 Slovakia | 0.48 | 2023 | +6.07% | +0.77% | View data |
| 10 | 10 Thailand | 0.44 | 2023 | -31.03% | -21.21% | View data |
