In 2023, China dominated the global metallised yarn exports with a commanding share of 70.01%, followed by India at 16.28%. European countries like the United Kingdom, Belgium, and France contributed marginally, each holding just over 1% and below. While most countries experienced moderate year-on-year growth, China and India recorded significant increases of 4.51% and 3.85%, respectively. Conversely, Japan, South Korea, and Ukraine faced reductions in their export volumes, with Japan's decrease being the most pronounced at nearly 12%.
Future trends to watch include:
- The shift towards eco-friendly production which could drive demand changes.
- Emerging growth in Eastern European countries such as the Czech Republic and Slovenia, given their recent sharp rise.
- Progress in technological advancements and innovations that might affect manufacturing and boost exports in underrepresented regions.
Top countries in Export of Metallised Yarn Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 70.01 | 2023 | +3.67% | +4.51% | View data |
| 2 | 2 India | 16.28 | 2023 | +4.48% | +3.85% | View data |
| 3 | 3 United Kingdom | 1.28 | 2023 | +1.03% | +2.71% | View data |
| 4 | 4 Belgium | 1.04 | 2023 | +1.31% | +1.88% | View data |
| 5 | 5 Japan | 0.89 | 2023 | -15.91% | -11.94% | View data |
| 6 | 6 France | 0.86 | 2023 | -9.12% | -7.37% | View data |
| 7 | 7 Lithuania | 0.74 | 2023 | +5.86% | +5.3% | View data |
| 8 | 8 United States | 0.71 | 2023 | -4.51% | -3.94% | View data |
| 9 | 9 Germany | 0.65 | 2023 | -1.74% | -0.33% | View data |
| 10 | 10 Portugal | 0.48 | 2023 | +3% | +0.69% | View data |