In 2023, China led the global export market for looped pile knit or crochet fabric of manmade fibers with a value of 165.12 million USD, showing a moderate growth rate of 2.89%. South Korea, Italy, and Spain also saw stable year-on-year growth, while Germany and the United Kingdom experienced significant declines. Eastern European countries like Romania and Greece saw notable growth, suggesting a potential regional market shift. The United States faced a decrease of -12.03%.
Key future trends to watch include China's continued dominance, Eastern Europe's growing role despite regional challenges, and the impact of technological advances in fabric production and transport logistics on the global export landscape.
Top countries in Export of Looped Pile Knit or Crochet Fabric of Manmade Fibres by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 165,120,000 | 2023 | +3.66% | +2.89% | View data |
| 2 | 2 South Korea | 32,742,000 | 2023 | +2.77% | +3.69% | View data |
| 3 | 3 United States | 18,129,000 | 2023 | -17.78% | -12.03% | View data |
| 4 | 4 Thailand | 15,488,000 | 2023 | +2.84% | -0.052% | View data |
| 5 | 5 Italy | 14,517,000 | 2023 | +2.35% | +2.79% | View data |
| 6 | 6 Spain | 10,324,000 | 2023 | +3.68% | +3.19% | View data |
| 7 | 7 Germany | 6,882,900 | 2023 | -22.59% | -18.4% | View data |
| 8 | 8 Japan | 5,259,600 | 2023 | +0.49% | +2.26% | View data |
| 9 | 9 France | 4,035,900 | 2023 | -0.41% | +0.59% | View data |
| 10 | 10 Portugal | 3,621,200 | 2023 | +0.61% | +4.64% | View data |