The global export market for mechanically made lace of non-man-made fibers in 2023 was dominated by China, contributing the largest share at 59.46% of the total market. France followed with 12.82%, and India with 4.93%. Over the past year, China and India showed positive growth rates, increasing exports by 5.75% and 4.48%, respectively. Notably, Mauritius experienced a significant increase of 14.11%, while Japan suffered a steep decline of 11.79%. A diverse set of countries, including Egypt and Colombia, displayed positive trends, whereas nations like Singapore and Austria faced notable decreases.
Future trends to watch include the continuous expansion of markets like China and India and the potential recovery of European countries facing current declines. Additionally, technological advancements and sustainability considerations may influence production and export strategies, potentially reshaping market dynamics.
Top countries in Export of Mechanically Made Lace of Other Than Man-Made Fibres Materials Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 59.46 | 2023 | +2.36% | +5.75% | View data |
| 2 | 2 France | 12.82 | 2023 | -1.58% | -0.57% | View data |
| 3 | 3 India | 4.93 | 2023 | +2.5% | +4.48% | View data |
| 4 | 4 Italy | 4.68 | 2023 | -3.9% | -1.63% | View data |
| 5 | 5 United Kingdom | 2.8 | 2023 | +0.93% | +0.87% | View data |
| 6 | 6 South Korea | 1.92 | 2023 | -9.76% | -8.75% | View data |
| 7 | 7 Germany | 1.49 | 2023 | -6.14% | -0.023% | View data |
| 8 | 8 Thailand | 1.39 | 2023 | -9.78% | -8.48% | View data |
| 9 | 9 Spain | 1.13 | 2023 | +0.96% | +1.05% | View data |
| 10 | 10 Czech Republic | 0.61 | 2023 | +3.56% | -2.77% | View data |
