The global export market for yarn of combed wool, containing 85% or more by weight of wool, saw notable trends in 2023. China, Italy, and Germany experienced declines, while Romania, Bulgaria, and India showed positive growth. Specifically, Romania had a positive year-on-year change of 3.11%, reflecting strong performance. In contrast, significant decreases were observed in Portugal and Switzerland, with Portugal experiencing a year-on-year change of -14.19%.
For future trends, watch for continued growth in emerging European markets such as Romania and Bulgaria. Also, watch how Asian markets adapt, especially as China navigates a slightly contracting market. Technology advancements could bolster exports from nations like India, optimizing production and distribution processes.
Top countries in Export of Yarn of Combed Wool Containing 85% or More by Weight of Wool by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 297,580,000 | 2023 | -0.26% | -1.05% | View data |
| 2 | 2 Italy | 204,740,000 | 2023 | +0.24% | -0.75% | View data |
| 3 | 3 Romania | 136,490,000 | 2023 | +3.94% | +3.11% | View data |
| 4 | 4 India | 99,560,000 | 2023 | +3.62% | +2.94% | View data |
| 5 | 5 Germany | 97,793,000 | 2023 | -4.09% | -4.84% | View data |
| 6 | 6 Czech Republic | 92,796,000 | 2023 | +2.17% | +1.87% | View data |
| 7 | 7 Poland | 91,984,000 | 2023 | +0.63% | -1.74% | View data |
| 8 | 8 Bulgaria | 68,516,000 | 2023 | +2.07% | +3.03% | View data |
| 9 | 9 Thailand | 55,779,000 | 2023 | +1.8% | +0.82% | View data |
| 10 | 10 Austria | 37,425,000 | 2023 | +2.34% | +2.74% | View data |
