In 2023, China dominated the global export of headgear of rubber or plastic, accounting for a substantial 72.5% of the market share. Other significant exporters included Malaysia (8.26%), Spain (5.88%), and Ireland (5.73%). Notably, the United States saw a decline of 7.04% year-on-year. Over the past two years, Spain experienced the most considerable growth, with year-on-year increases of over 30%. Countries like Australia and Greece showed considerable annual growth, while South Korea and Indonesia faced declines.
Future trends to watch include potential shifts due to trade policies, technological advancements, and environmental regulations influencing production and export dynamics, particularly from emerging markets aiming to increase their global share.
Top countries in Export of Headgear of Rubber or Plastic Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 72.5 | 2023 | +3.13% | +3.26% | View data |
| 2 | 2 Malaysia | 8.26 | 2023 | +3.16% | +3.03% | View data |
| 3 | 3 Spain | 5.88 | 2023 | -4.7% | +30.67% | View data |
| 4 | 4 Ireland | 5.73 | 2023 | +4.93% | +10.52% | View data |
| 5 | 5 United States | 1.72 | 2023 | -8.75% | -7.04% | View data |
| 6 | 6 Belgium | 1.04 | 2023 | +3.49% | +0.6% | View data |
| 7 | 7 France | 0.92 | 2023 | +2.98% | -0.17% | View data |
| 8 | 8 Germany | 0.75 | 2023 | +0.44% | +0.19% | View data |
| 9 | 9 India | 0.65 | 2023 | +4.46% | +2.55% | View data |
| 10 | 10 Netherlands | 0.57 | 2023 | +2.25% | +1.55% | View data |