In 2023, China dominated the global export market for plain weave cotton with a value share of 73.75%, despite a slight decline of 2.71% compared to the previous year. India, the second-largest exporter, showed resilience with a 3.56% increase, contributing 10.02% to the global market. Other prominent countries included Belgium, Czech Republic, and Portugal, each experiencing negative growth, impacting their market shares marginally. Notably, Sweden, South Africa, Mauritius, and Egypt exhibited positive year-on-year growth, with Sweden and Egypt showing double-digit increases. Overall, numerous smaller players encountered significant declines, such as Italy, Malaysia, and the UK.
Looking forward, attention should be paid to the sustainability trends in textile production and potential shifts in trade policies, particularly affecting leading exporters. Moreover, enhanced demand for eco-friendly textiles may create opportunities for new market entrants and challenges for traditional producers relying on conventional methods. Monitoring technological innovations and their adoption in developing economies will likely reshape future market dynamics.
Top countries in Export of Plain Weave Cotton of Yarns of Different Colours Containing More Than 85% by Weight of Cotton Weighing 100-200 g/m2 Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 73.75 | 2023 | -3.27% | -2.71% | View data |
| 2 | 2 India | 10.02 | 2023 | +3.07% | +3.56% | View data |
| 3 | 3 Belgium | 1.97 | 2023 | -1.08% | -2.48% | View data |
| 4 | 4 Czech Republic | 1.43 | 2023 | -9.63% | -10.29% | View data |
| 5 | 5 Portugal | 1.3 | 2023 | -9.58% | -8.69% | View data |
| 6 | 6 Mauritius | 1.19 | 2023 | +1.48% | +2.77% | View data |
| 7 | 7 Italy | 1.19 | 2023 | -42.02% | -27.64% | View data |
| 8 | 8 Germany | 1.14 | 2023 | -26.7% | -19.66% | View data |
| 9 | 9 Thailand | 1.09 | 2023 | -2.74% | -5.9% | View data |
| 10 | 10 Spain | 0.96 | 2023 | -5.5% | -4.88% | View data |