Analysis of the 2023 global export market for woven fabric with high acrylic or modacrylic content reveals South Korea as the dominant exporter, followed by France and the United States. South Korea and France saw notable growth with a 3.57% and 4.01% increase, respectively, while the U.S. and China experienced declines by 0.87% and 7.42%. Emerging markets like Morocco and South Africa posted significant gains, with growth rates of 4.43% and 7.54%, respectively.
Future trends to watch include potential growth in African markets, driven by their recent promising performance, and the impact of geopolitical shifts on trade dynamics. Observing technological innovation in textile production could also reshape competitive standings in this sector.
Top countries in Export of Unbleached or Bleached Woven Fabric Containing 85% or More by Weight of Acrylic or Modacrylic Staple Fibres Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 42.88 | 2023 | +2.78% | +3.57% | View data |
| 2 | 2 France | 14.94 | 2023 | +2.89% | +4.01% | View data |
| 3 | 3 United States | 12.55 | 2023 | +0.36% | -0.87% | View data |
| 4 | 4 China | 8.33 | 2023 | -9.81% | -7.42% | View data |
| 5 | 5 Morocco | 6.32 | 2023 | +1.56% | +4.43% | View data |
| 6 | 6 Austria | 2.98 | 2023 | +0.085% | -1.02% | View data |
| 7 | 7 Chile | 2.52 | 2023 | -3.98% | -3.26% | View data |
| 8 | 8 Thailand | 1.14 | 2023 | +5.48% | +2.07% | View data |
| 9 | 9 Germany | 0.69 | 2023 | -7.38% | -0.57% | View data |
| 10 | 10 Japan | 0.64 | 2023 | +2.12% | +4.6% | View data |
