In 2023, Italy led global exports of woven fabrics of combed wool or fine animal hair exceeding 300 g/m², followed by the United Kingdom and Denmark. Italy experienced a decrease in its market share, while Denmark saw a notable increase. Japan, Germany, China, and the United States all faced declines, with China experiencing the steepest drop. Noteworthy increases were observed in exports from Chile, India, and Ireland. Emerging markets like Mongolia and Bosnia and Herzegovina saw significant growth. The five-year CAGR indicates slower, mixed growth across the leading exporters, with more rapid changes seen in smaller markets.
Looking forward, potential future trends to watch include the impact of sustainability practices on the competitive landscape, shifts in demand related to fashion cycles and consumer preferences, and geopolitical factors potentially affecting trade balances. Additionally, technological advancements in textile production might alter trade dynamics, with innovations driving efficiencies and creating new market leaders.
Top countries in Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair of a Weight Exceeding 300 g/m2 Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 30.29 | 2023 | -4.13% | -4.94% | View data |
| 2 | 2 United Kingdom | 14.34 | 2023 | -0.64% | -1.97% | View data |
| 3 | 3 Denmark | 9.98 | 2023 | +4.58% | +7.18% | View data |
| 4 | 4 Japan | 9.98 | 2023 | -3.59% | -3.38% | View data |
| 5 | 5 Lithuania | 6.37 | 2023 | +2.78% | +2.09% | View data |
| 6 | 6 Ireland | 3.97 | 2023 | +3.11% | +3.07% | View data |
| 7 | 7 Czech Republic | 3.46 | 2023 | -0.9% | -2.8% | View data |
| 8 | 8 Belgium | 3.29 | 2023 | +0.51% | +0.42% | View data |
| 9 | 9 Germany | 2.58 | 2023 | -22.93% | -19.02% | View data |
| 10 | 10 China | 1.95 | 2023 | -32.52% | -24.04% | View data |
