In 2023, China dominated the global export of knitted or crocheted men's and boys' ensembles of cotton, with a substantial share, though this represented a decline from 2022. Italy, the Netherlands, and the United States showed moderate growth, with Italy and the Netherlands exhibiting more significant year-on-year growth. Notably, Nicaragua experienced an exceptional surge over the past year. In contrast, countries like Belgium, Spain, and France faced notable decreases. The compound annual growth rate (CAGR) highlights that several European countries faced challenges over the last five years, with mixed performances seen in smaller markets.
Looking ahead to 2024 and beyond, increased competition and potential shifts in global trade policies could influence market shares. Observing the impact of economic recovery post-pandemic, demand from emerging markets, and sustainability trends could also play vital roles in shaping future dynamics. Watch for countries adapting quickly to digital transformation in manufacturing and logistics to maintain or grow their share.
Top countries in Export of Knitted or Crocheted Men's and Boys' Ensembles of Cotton Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 84.55 | 2023 | +0.25% | -3.35% | View data |
| 2 | 2 Italy | 2.23 | 2023 | +2.4% | +3.08% | View data |
| 3 | 3 Netherlands | 1.62 | 2023 | +4.05% | +4.88% | View data |
| 4 | 4 United States | 1.27 | 2023 | +4.42% | +1.12% | View data |
| 5 | 5 India | 1.26 | 2023 | -3.97% | +1.41% | View data |
| 6 | 6 Greece | 1.24 | 2023 | +4.66% | +3.04% | View data |
| 7 | 7 United Arab Emirates | 0.92 | 2023 | +5.16% | +0.89% | View data |
| 8 | 8 United Kingdom | 0.83 | 2023 | +4.36% | +2.07% | View data |
| 9 | 9 Indonesia | 0.64 | 2023 | +4.28% | -1.34% | View data |
| 10 | 10 Pakistan | 0.61 | 2023 | -0.58% | +1.97% | View data |
