The global export of looped pile knit or crochet fabric of manmade fibers is predominantly led by China, holding the largest market share at 55.29% in 2023, demonstrating resilience with a growth of 2.89%. South Korea follows with a 3.69% increase. Notable declines include the United States (-12.03%) and Germany (-18.4%), suggesting a possible shift in manufacturing trends or market demand. Rapid gains in Eastern Europe, such as Poland with a significant rise of 30.29% and Bulgaria with 32.54%, indicate regional shifts in production capabilities or economic strategies.
Future trends to watch include continued dominance by China, while emerging markets in Eastern Europe may grow their share. Technological advancements and sustainability efforts could influence manufacturing and global trade dynamics, with potential disruptions or opportunities from policy changes, trade agreements, or geopolitical events.
Top countries in Export of Looped Pile Knit or Crochet Fabric of Manmade Fibres Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 55.29 | 2023 | +3.66% | +2.89% | View data |
| 2 | 2 South Korea | 10.96 | 2023 | +2.77% | +3.69% | View data |
| 3 | 3 United States | 6.07 | 2023 | -17.78% | -12.03% | View data |
| 4 | 4 Thailand | 5.19 | 2023 | +2.84% | -0.052% | View data |
| 5 | 5 Italy | 4.86 | 2023 | +2.35% | +2.79% | View data |
| 6 | 6 Spain | 3.46 | 2023 | +3.68% | +3.19% | View data |
| 7 | 7 Germany | 2.3 | 2023 | -22.59% | -18.4% | View data |
| 8 | 8 Japan | 1.76 | 2023 | +0.49% | +2.26% | View data |
| 9 | 9 France | 1.35 | 2023 | -0.41% | +0.59% | View data |
| 10 | 10 Portugal | 1.21 | 2023 | +0.61% | +4.64% | View data |
