In 2023, Italy led the global export of woven fabrics of combed wool or fine animal hair with a substantial value, followed distantly by China and the United Kingdom. However, a mix of declines characterized many exporters, with Germany and France experiencing significant contractions at 9.98% and 18.49%, respectively. Emerging trends show strong growth in Denmark and Romania, with positive year-on-year variations, while traditional markets like Spain and the USA saw sharp declines. The five-year CAGR shows a diversified performance, highlighting potential volatility and market challenges.
Future trends to watch include:
- Potential recovery opportunities in emerging and stable European markets like Denmark and Lithuania.
- Growing competition from Asian exporters such as China and India, who maintained relatively more stable performance amidst global fluctuations.
- Monitoring geopolitical factors influencing trade policies, particularly affecting European and North American markets.
Top countries in Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,043,600,000 | 2023 | +0.23% | -0.37% | View data |
| 2 | 2 China | 325,050,000 | 2023 | -0.47% | -0.87% | View data |
| 3 | 3 United Kingdom | 147,090,000 | 2023 | +0.087% | -0.6% | View data |
| 4 | 4 Japan | 91,792,000 | 2023 | -5.63% | -4.98% | View data |
| 5 | 5 Czech Republic | 90,560,000 | 2023 | +0.81% | -1.04% | View data |
| 6 | 6 Germany | 84,550,000 | 2023 | -9.86% | -9.98% | View data |
| 7 | 7 Denmark | 59,022,000 | 2023 | +4.43% | +5.8% | View data |
| 8 | 8 Romania | 57,769,000 | 2023 | +4.55% | +3.54% | View data |
| 9 | 9 Belgium | 32,196,000 | 2023 | +0.34% | -0.087% | View data |
| 10 | 10 India | 28,793,000 | 2023 | +0.42% | +1.22% | View data |
