The analysis of global exports of woven fabric of yarns of different colors containing less than 85% by weight of artificial staple fibers by country indicates China is the dominant exporter, commanding 73.75% of the market. Notably, China experienced a 3.22% growth in 2023. Other significant players include Spain and Belgium. India saw a substantial increase of 16.79%, while Hungary's exports surged remarkably by 24.99%. Conversely, countries like Greece, France, the United States, and South Korea witnessed declines. Over a longer five-year period, the industry's CAGR paints a mixed picture of growth, stability, and decline across different countries.
Going forward, it will be crucial to monitor China's continued dominance and growth trends in emerging markets such as India and Hungary. Additionally, storage and logistical aspects, impact of trade policies, especially in regions showing decline, and technological advancements in staple fiber production processes are future trend areas to observe closely for potential geopolitical and economic impacts.
Top countries in Export of Woven Fabric of Yarns of Different Colours Containing Less Than 85% by Weight of Artificial Staple Fibres Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 73.75 | 2023 | +3.66% | +3.22% | View data |
| 2 | 2 Spain | 11.39 | 2023 | +2.34% | +3.05% | View data |
| 3 | 3 Belgium | 4.96 | 2023 | +2.52% | +3.42% | View data |
| 4 | 4 Italy | 2.05 | 2023 | +0.16% | -3.69% | View data |
| 5 | 5 India | 0.71 | 2023 | +4.69% | +16.79% | View data |
| 6 | 6 France | 0.61 | 2023 | +0.56% | -2.51% | View data |
| 7 | 7 Brazil | 0.31 | 2023 | +4.38% | +4.17% | View data |
| 8 | 8 Greece | 0.25 | 2023 | +6.12% | -10.21% | View data |
| 9 | 9 Netherlands | 0.24 | 2023 | +4.9% | +2.27% | View data |
| 10 | 10 Romania | 0.2 | 2023 | +4.82% | +3.51% | View data |
