In 2023, China dominated the global export market for parts and accessories of looms and auxiliary machinery, contributing 52.85% by kilograms. Hungary and the Czech Republic followed with 6.8% and 6.44% respectively. Significant growth was observed in China (2.96%), while the Czech Republic faced a decline (-1.49%). Notably, Indonesia saw substantial positive variation (30.25%), whereas Switzerland and South Korea experienced declines of -15.76% and -9.16% respectively.
Future trends to watch include:
- China's continued dominance while undergoing moderate growth.
- Potential emerging players like Indonesia contributing more significantly to global exports.
- Monitoring for economic or geopolitical factors that could affect traditional European exporters like Italy and France.
Top countries in Export of Parts and Accessories of Looms, Auxiliary Machinery Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 52.85 | 2023 | +2.73% | +2.96% | View data |
| 2 | 2 Hungary | 6.8 | 2023 | +2.39% | +3.26% | View data |
| 3 | 3 Czech Republic | 6.44 | 2023 | +1.74% | -1.49% | View data |
| 4 | 4 Belgium | 4.7 | 2023 | -2.37% | -0.4% | View data |
| 5 | 5 Romania | 4.36 | 2023 | +1.38% | +2.55% | View data |
| 6 | 6 Italy | 3.99 | 2023 | -8.62% | -7.74% | View data |
| 7 | 7 France | 3.31 | 2023 | -9.41% | +7.53% | View data |
| 8 | 8 India | 2.83 | 2023 | -1.72% | -2.08% | View data |
| 9 | 9 Slovakia | 2.77 | 2023 | +2.46% | +7.09% | View data |
| 10 | 10 Japan | 2.09 | 2023 | +0.78% | -2.34% | View data |
