In 2023, Romania led the global export of yarn of combed wool containing 85% or less by weight, with India and China closely following. Despite its high standing, Romania saw modest growth. India and China showed contrasting year-on-year trends, with India growing substantially while China's exports declined. Most European countries displayed minimal fluctuations, except Italy, which showed the most considerable decline. Smaller markets like Norway showed significant growth, though from a smaller base. The overall five-year CAGR indicates a mixed terrain, with established markets having slower growth and emerging markets experiencing fluctuations.
Future trends to watch include the potential continued decline in China’s exports amid tightening global competition and environmental regulations. The expansion in India and emerging markets like Norway suggests a shift that could reshape global dynamics. Sustainability concerns and technological advancements in textile manufacturing may influence future production and export volumes.
Top countries in Export of Yarn of Combed Wool Containing 85% or Less by Weight of Wool Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 16.2 | 2023 | +1.24% | +1.09% | View data |
| 2 | 2 India | 14.88 | 2023 | +3.26% | +2.64% | View data |
| 3 | 3 China | 14.87 | 2023 | -5.17% | -7.09% | View data |
| 4 | 4 Germany | 10.1 | 2023 | -2.15% | -2.36% | View data |
| 5 | 5 Czech Republic | 8.29 | 2023 | -0.89% | -5.03% | View data |
| 6 | 6 Austria | 7.31 | 2023 | +1.21% | +1.61% | View data |
| 7 | 7 United Kingdom | 6.02 | 2023 | -2.66% | +2.61% | View data |
| 8 | 8 Portugal | 5.98 | 2023 | +3.94% | +0.13% | View data |
| 9 | 9 Italy | 5.61 | 2023 | -29.11% | -21.34% | View data |
| 10 | 10 Poland | 5.5 | 2023 | -0.53% | -3.62% | View data |
