The global export market for yarn of combed wool containing 85% or more by weight of wool reveals China as the leading exporter with significant market share, though experiencing a slight decline in 2023. While Italy and Germany show negative year-on-year variations, countries like Romania, India, and Lithuania have seen growth. Notably, Japan and several other minor exporters face substantial declines. Over the past five years, central and eastern European countries, such as Romania and Bulgaria, have been increasing their shares relatively steadily.
Future trends to watch for include:
- Potential recovery in Western countries' exports, particularly the UK and Canada, following the recent declines.
- Continued growth from emerging markets like Eastern Europe and their increasing role in the wool yarn export market.
- Impact of global economic conditions on traditional powerhouses like China and Italy.
Top countries in Export of Yarn of Combed Wool Containing 85% or More by Weight of Wool Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 23.44 | 2023 | -0.26% | -1.05% | View data |
| 2 | 2 Italy | 16.13 | 2023 | +0.24% | -0.75% | View data |
| 3 | 3 Romania | 10.75 | 2023 | +3.94% | +3.11% | View data |
| 4 | 4 India | 7.84 | 2023 | +3.62% | +2.94% | View data |
| 5 | 5 Germany | 7.7 | 2023 | -4.09% | -4.84% | View data |
| 6 | 6 Czech Republic | 7.31 | 2023 | +2.17% | +1.87% | View data |
| 7 | 7 Poland | 7.24 | 2023 | +0.63% | -1.74% | View data |
| 8 | 8 Bulgaria | 5.4 | 2023 | +2.07% | +3.03% | View data |
| 9 | 9 Thailand | 4.39 | 2023 | +1.8% | +0.82% | View data |
| 10 | 10 Austria | 2.95 | 2023 | +2.34% | +2.74% | View data |
