The global export of yarn of carded wool containing 85% or less by weight of wool is led by China, Italy, and Lithuania, which collectively represent the largest shares. China has demonstrated growth, while Italy and making Lithuania have shown a mixed performance with a slight decline and increase, respectively. Estonia shows significant growth, contrasting with other European exporters like Germany and Belgium who experienced marked declines. The United States sees a notable increase, while South Korea and Poland face significant decreases, indicating regional export shifts.
Looking ahead, future trends to watch include emerging markets like Morocco showing growth potential and Eastern European countries stabilizing after recent declines. Sustainability concerns and supply chain adjustments in the textile industry may reshape export portfolios, with exporters potentially diversifying and adapting to new global demands and economic conditions.
Top countries in Export of Yarn of Carded Wool Containing 85% or Less by Weight of Wool Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 29.3 | 2023 | +2.05% | +0.75% | View data |
| 2 | 2 Italy | 21.41 | 2023 | -3.77% | -3.96% | View data |
| 3 | 3 Lithuania | 13.14 | 2023 | +4.27% | +0.79% | View data |
| 4 | 4 United Kingdom | 10.38 | 2023 | +0.48% | -0.13% | View data |
| 5 | 5 Estonia | 9.16 | 2023 | +4.61% | +5.75% | View data |
| 6 | 6 Portugal | 2.74 | 2023 | -1.08% | -0.23% | View data |
| 7 | 7 Croatia | 2.24 | 2023 | +5.7% | +1.08% | View data |
| 8 | 8 South Korea | 1.08 | 2023 | -10.32% | -10.55% | View data |
| 9 | 9 Poland | 1 | 2023 | -5.54% | -10.97% | View data |
| 10 | 10 India | 0.73 | 2023 | -2.26% | -0.58% | View data |
