In 2023, Japan led the global export of shuttle-less looms for weaving fabric of a width exceeding 30 cm, followed by China, Italy, and Germany. Japan showed a decline of 3.61%, while China increased by 3.86%. Italy experienced a slight decrease, and Germany's exports fell by 2.6%. Notable growth was observed in countries like India and Peru, each growing by over 4%. In contrast, significant declines were recorded by Russia and the United States, dropping 22.63% and 41.48%, respectively. Over a five-year span, trends indicate shifts towards Asian markets, with dynamic performances from smaller economies like Morocco and Belarus.
Looking ahead, anticipate continued growth in Asian markets, particularly with China's expanding manufacturing capabilities. The European market may focus on technology-driven advancements to maintain competitiveness, while emerging markets could show volatile growth influenced by domestic policies and global trade relations. Monitoring technological advancements and trade policies will be crucial to understand future dynamics in this sector.
Top countries in Export of Shuttle-Less Looms for Weaving Fabric of a Width Exceeding 30 cm by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 434,470,000 | 2023 | -0.7% | -3.61% | View data |
| 2 | 2 China | 315,330,000 | 2023 | +3.75% | +3.86% | View data |
| 3 | 3 Italy | 180,020,000 | 2023 | -0.33% | -0.58% | View data |
| 4 | 4 Germany | 126,070,000 | 2023 | -2.49% | -2.6% | View data |
| 5 | 5 Switzerland | 9,128,300 | 2023 | -10.5% | -14.99% | View data |
| 6 | 6 Pakistan | 6,650,200 | 2023 | +4.08% | +3.88% | View data |
| 7 | 7 Brazil | 4,735,100 | 2023 | +2.53% | +2.41% | View data |
| 8 | 8 South Korea | 3,794,200 | 2023 | -16.95% | -12.29% | View data |
| 9 | 9 India | 3,044,600 | 2023 | +2.58% | +4.46% | View data |
| 10 | 10 Portugal | 2,138,600 | 2023 | -0.25% | +0.39% | View data |
