In 2023, China dominated the global export market for non-impregnated, non-coated, non-covered, or non-laminated felt of wool or fine animal hair with a 21.08% share, followed by Germany and Portugal at 14.25% and 12.66% respectively. Noteworthy trends include a significant growth in exports from Portugal (6.2%) and Thailand (10.12%), while Germany and Mexico experienced declines of -1.92% and -6.12% respectively. Notable negative adjustments also emerged from the United Kingdom (-59.03%) and Ukraine (-39.18%), profoundly impacting their market standing.
Looking ahead to 2024 and beyond, trends to watch in this sector include the continued expansion of emerging exporters like Latvia and Ireland, which demonstrated substantial growth rates in 2023. Meanwhile, established exporters will need to address declines in key markets such as Germany, Mexico, and the United States to maintain their competitive edge. The influence of global trade policies and advancements in textile technologies may further reshape market dynamics.
Top countries in Export of Felt of Wool or Fine Animal Hair, Not Impregnated, Coated, Covered or Laminated Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21.08 | 2023 | +2.3% | +0.65% | View data |
| 2 | 2 Germany | 14.25 | 2023 | -1.72% | -1.92% | View data |
| 3 | 3 Portugal | 12.66 | 2023 | +5.81% | +6.2% | View data |
| 4 | 4 Italy | 9.88 | 2023 | +2.63% | +3.9% | View data |
| 5 | 5 India | 7.98 | 2023 | +1.86% | +0.62% | View data |
| 6 | 6 Spain | 7.24 | 2023 | +2.47% | +2.61% | View data |
| 7 | 7 United States | 3.83 | 2023 | -2.05% | -0.18% | View data |
| 8 | 8 Thailand | 3.46 | 2023 | +3.47% | +10.12% | View data |
| 9 | 9 Netherlands | 3.23 | 2023 | +4.64% | +1.49% | View data |
| 10 | 10 Mexico | 3.16 | 2023 | -6.47% | -6.12% | View data |
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