The global export market for twill cotton of yarns of different colors containing less than 85% by weight of cotton and weighing more than 200 g/m2 was led by China in 2023, with a significant value gap compared to other countries. China experienced a year-on-year increase of 4.93% in 2023, underscoring its dominance in this sector. Other notable countries such as Ecuador and Japan showed robust growth of 10.65% and 7.46% respectively, while traditional European exporters like Italy and Germany registered declines. The U.S. market shrank by 6.12%, indicating shifting trade dynamics in North America.
Over a five-year period, the compound annual growth rate would likely highlight the resilience or vulnerability of these markets, factoring in both positive and negative year-on-year fluctuations across different countries.
Future trends to monitor include the sustained rise of emerging markets such as Ecuador and the potential full recovery of Europe’s traditional weaving nations. Additionally, geopolitical dynamics and trade policies might significantly impact patterns of exports, emphasizing the importance of adaptability and market diversification.
Top countries in Export of Twill Cotton of Yarns of Different Colours Containing Less Than 85% by Weight of Cotton Weighing More Than 200 g/m2 by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 121,330,000 | 2023 | +3.71% | +4.93% | View data |
| 2 | 2 Italy | 4,611,000 | 2023 | -1.15% | -0.76% | View data |
| 3 | 3 Ecuador | 4,442,000 | 2023 | +5.54% | +10.65% | View data |
| 4 | 4 Japan | 3,149,900 | 2023 | -1.45% | +7.46% | View data |
| 5 | 5 Germany | 1,997,500 | 2023 | +0.62% | -1.99% | View data |
| 6 | 6 Spain | 1,865,100 | 2023 | +1.27% | +2.67% | View data |
| 7 | 7 Brazil | 1,478,600 | 2023 | +2.83% | +2.36% | View data |
| 8 | 8 Belgium | 968,630 | 2023 | -0.92% | -3.96% | View data |
| 9 | 9 Austria | 616,460 | 2023 | +6.18% | +0.71% | View data |
| 10 | 10 Finland | 483,570 | 2023 | +6.69% | +0.76% | View data |
