The competitive landscape of global jute exports shows Tanzania leading with notable growth, increasing its share by 18.05%. Belgium and India follow, though India witnessed a decline of 2.23%. Among European countries, Belgium, Portugal, and Estonia demonstrated noteworthy expansions. Singapore marked a significant surge at 85.21%, while Canada and Thailand experienced reductions exceeding 25%. Notably, Germany, Spain, Malaysia, and Philippines showed moderate yet positive growth.
Key future trends to monitor include:
- The impact of alternative natural fibers on jute demand.
- Technological advancements in jute processing and manufacturing.
- Potential geopolitical factors affecting trade routes and agreements.
Top countries in Export of Jute Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Tanzania | 32.32 | 2023 | -8.78% | +18.05% | View data |
| 2 | 2 Belgium | 27.44 | 2023 | +2.63% | +2.49% | View data |
| 3 | 3 India | 25.38 | 2023 | -6.11% | -2.23% | View data |
| 4 | 4 United States | 5.36 | 2023 | +1.34% | -1.96% | View data |
| 5 | 5 Germany | 4.12 | 2023 | +2% | +1.91% | View data |
| 6 | 6 Indonesia | 3.88 | 2023 | +5.49% | +0.34% | View data |
| 7 | 7 Spain | 2.37 | 2023 | -0.049% | +1.95% | View data |
| 8 | 8 Malaysia | 2.29 | 2023 | +4.14% | +4.71% | View data |
| 9 | 9 United Kingdom | 2.12 | 2023 | +2.31% | -1.93% | View data |
| 10 | 10 Netherlands | 1.97 | 2023 | -1.61% | +0.15% | View data |
