In 2023, Italy dominated global exports of single yarn containing 85% or less by weight of artificial staple fibers with a 59.53% share, showing a year-on-year growth of 1.6%. China followed, but experienced a significant decrease of 16.49%. Germany, Bulgaria, and Poland showed varied performance with minor changes, while Croatia and Moldova displayed remarkable growth rates of 19.87% and 22.34%, respectively. Conversely, countries such as India, Spain, and Portugal saw substantial declines.
Future trends to watch include potential shifts in market dynamics as Poland, Croatia, and Russia emerge as growing exporters. Meanwhile, the declining trends in major players like China and India could alter the competitive landscape significantly.
Top countries in Export of Single Yarn Containing 85% or Less by Weight of Artificial Staple Fibres Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 59.53 | 2023 | +2.31% | +1.6% | View data |
| 2 | 2 China | 9.61 | 2023 | -18.32% | -16.49% | View data |
| 3 | 3 Germany | 6.86 | 2023 | -4.3% | -4.73% | View data |
| 4 | 4 Bulgaria | 5.78 | 2023 | -2.55% | -1.49% | View data |
| 5 | 5 Poland | 5.19 | 2023 | +3.22% | +13.96% | View data |
| 6 | 6 Croatia | 3.56 | 2023 | +2.68% | +19.87% | View data |
| 7 | 7 Lithuania | 1.25 | 2023 | +6.15% | +5.38% | View data |
| 8 | 8 Czech Republic | 0.96 | 2023 | -2.05% | -5.78% | View data |
| 9 | 9 Austria | 0.8 | 2023 | -31.19% | -18.66% | View data |
| 10 | 10 Thailand | 0.57 | 2023 | +3.6% | +3.79% | View data |
