The UK dominates the global export market for woven fabrics of combed wool or fine animal hair above 300 g/m2, currently securing 40.8% share. While the UK experienced marginal growth at 0.19%, Italy saw an 8.31% decline, contributing 12.82% of total exports. Lithuania, Denmark, and Japan show varied growth trends, with Denmark posting significant 10.88% growth. Major percentage declines include South Korea (-13.49%) and China (-34.08%). Notably, Mongolia showed an exceptional rise at 147.01%, although from a relatively small base. Diverse trends underscore changing competitive dynamics.
Future trends to monitor include potential resurgence in markets with recent drops, Italy or Germany, as they adapt production efficiency in response to global demand. Emerging smaller players, such as Latvia and Mongolia, should be watched for growth potentially driven by strategic trade agreements or investments in production capabilities. In contrast, expect volatility in established markets impacted by geopolitical factors, like Russia, which might reshape future market dynamics.
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 (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 40.8 | 2023 | +5.03% | +0.19% | View data |
| 2 | 2 Italy | 12.82 | 2023 | -8.74% | -8.31% | View data |
| 3 | 3 Lithuania | 10.48 | 2023 | +2.39% | +2.59% | View data |
| 4 | 4 Denmark | 7.06 | 2023 | +4.46% | +10.88% | View data |
| 5 | 5 Japan | 4.43 | 2023 | -10.84% | -9.19% | View data |
| 6 | 6 United States | 3.05 | 2023 | -7.25% | -6.93% | View data |
| 7 | 7 Ireland | 3.05 | 2023 | +1.69% | +2.53% | View data |
| 8 | 8 Czech Republic | 2.59 | 2023 | -4.57% | -5.42% | View data |
| 9 | 9 South Korea | 1.48 | 2023 | -13.32% | -13.49% | View data |
| 10 | 10 China | 0.97 | 2023 | -53.21% | -34.08% | View data |
