In 2023, the largest exporters of yarn made from acrylic or modacrylic staple fibers mixed with wool or fine animal hair were Italy, Romania, and China, with Italy leading at $57.027 million. While Romania showed a slight growth of 0.46%, Italy and China recorded declines of 3.83% and 8.2%, respectively. Notably, Moldova experienced the highest growth at 14.32%, whereas France and South Korea faced significant drops of 39.75% and 21.76%. The overall market showed some resilience in Eastern European countries such as Belarus and Croatia, which observed modest growth over the year.
The outlook for 2024 anticipates continued shifts in regional dynamics. Countries like Moldova might sustain their momentum, driven by enhanced manufacturing capabilities and market access. Challenges for traditionally strong exporters, such as France, will be important to monitor, as they may adjust strategies to recover market share. Global economic conditions, trade policies, and sustainability trends in the textile sector will be crucial factors influencing future export performance in this niche market.
Top countries in Export of Yarn of Acrylic or Modacrylic Staple Fibres Mixed Mainly or Solely with Wool or Fine Animal Hair by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 57,027,000 | 2023 | -3.6% | -3.83% | View data |
| 2 | 2 Romania | 44,195,000 | 2023 | +0.7% | +0.46% | View data |
| 3 | 3 China | 27,037,000 | 2023 | -6.97% | -8.2% | View data |
| 4 | 4 Bulgaria | 26,573,000 | 2023 | -0.26% | -0.22% | View data |
| 5 | 5 Belarus | 8,523,300 | 2023 | -1.12% | +1.36% | View data |
| 6 | 6 Croatia | 3,855,800 | 2023 | +4.12% | +4.62% | View data |
| 7 | 7 Austria | 2,172,500 | 2023 | -4.19% | -3.48% | View data |
| 8 | 8 India | 1,530,300 | 2023 | +5.03% | +3.77% | View data |
| 9 | 9 Lithuania | 1,376,900 | 2023 | +2.45% | +3.58% | View data |
| 10 | 10 Russia | 851,860 | 2023 | +5.86% | +2.43% | View data |