In 2023, Italy was the leading exporter of woven fabrics of combed wool or fine animal hair with a market value significantly outpacing other countries. Despite a noticeable decline, it maintained its leadership. The UK, Denmark, and Japan followed, with Denmark showing a growth trend. Germany and China experienced notable year-on-year declines, highlighting market volatility. Emerging trends reveal countries like Lithuania and Ireland with positive growth, whereas significant contractions were seen in Poland, Finland, and Greece.
Looking ahead, watch for recovery opportunities in markets with declining trends yet potential due to previous high demand, such as China. Also, emerging markets like Lithuania and Ireland might capture expanded market share if current trajectories hold. Additionally, technological advancements and sustainable practices will likely influence global competitiveness and diversification within this sector.
Top countries in Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair of a Weight Exceeding 300 g/m2 by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 126,010,000 | 2023 | -4.13% | -4.94% | View data |
| 2 | 2 United Kingdom | 59,666,000 | 2023 | -0.64% | -1.97% | View data |
| 3 | 3 Denmark | 41,516,000 | 2023 | +4.58% | +7.18% | View data |
| 4 | 4 Japan | 41,505,000 | 2023 | -3.59% | -3.38% | View data |
| 5 | 5 Lithuania | 26,496,000 | 2023 | +2.78% | +2.09% | View data |
| 6 | 6 Ireland | 16,511,000 | 2023 | +3.11% | +3.07% | View data |
| 7 | 7 Czech Republic | 14,383,000 | 2023 | -0.9% | -2.8% | View data |
| 8 | 8 Belgium | 13,667,000 | 2023 | +0.51% | +0.42% | View data |
| 9 | 9 Germany | 10,736,000 | 2023 | -22.93% | -19.02% | View data |
| 10 | 10 China | 8,095,400 | 2023 | -32.52% | -24.04% | View data |
