In 2023, China dominated the global export market of plain weave cotton of yarns of different colours, containing more than 85% by weight, weighing 100-200 g/m2, with a staggering share of 81.01%. Despite this, China's year-on-year growth was modest at 0.73%. India's share was significantly smaller at 2.95% but saw a robust growth of 3.63%. Mauritius, with a 1.91% share, experienced a growth rate of 2.97%. In contrast, Germany and Thailand faced declines of 6.57% and 6.9% respectively. Some countries, like Switzerland and Italy, experienced sharp declines exceeding 17%.
Future trends to watch include:
- China's continued dominance, with potential for modest growth.
- India's rapid growth trajectory, positioning it as a key player.
- Western countries like Germany and Portugal facing potential declines unless strategic adjustments are made.
- The potential for emerging markets such as South Africa and the United Arab Emirates to see growth given recent performance.
- Geopolitical and economic shifts impacting global trade dynamics, possibly reshaping these patterns.
Top countries in Export of Plain Weave Cotton of Yarns of Different Colours Containing More Than 85% by Weight of Cotton Weighing 100-200 g/m2 Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 81.01 | 2023 | +1.17% | +0.73% | View data |
| 2 | 2 India | 2.95 | 2023 | +1.9% | +3.63% | View data |
| 3 | 3 Mauritius | 1.91 | 2023 | +4.58% | +2.97% | View data |
| 4 | 4 Germany | 1.22 | 2023 | -7.1% | -6.57% | View data |
| 5 | 5 United Kingdom | 0.96 | 2023 | +6.2% | +0.18% | View data |
| 6 | 6 Portugal | 0.72 | 2023 | -5.48% | -4.52% | View data |
| 7 | 7 Thailand | 0.71 | 2023 | -3.33% | -6.9% | View data |
| 8 | 8 Belgium | 0.6 | 2023 | -3.12% | -4.03% | View data |
| 9 | 9 Spain | 0.56 | 2023 | -3.13% | -1.58% | View data |
| 10 | 10 Czech Republic | 0.53 | 2023 | -10.37% | -10.27% | View data |
