The global export of looped pile knit or crochet fabric of cotton is dominated by China, with a significant lead in volume at 27.813 million kilograms in 2023. Malaysia and South Korea follow, with 10.783 and 8.341 million kilograms respectively. Nations showing notable growth include Belarus and Bulgaria, with year-on-year increases of 8.3% and 8.89%. Conversely, Italy and Belgium faced significant declines, by 23.2% and 42.88%. Other countries like Germany and Slovakia are experiencing shrinking export volumes, while emerging markets like South Africa showcased a promising increase of 13.39%.
In the future, the global market of looped pile knit or crochet fabric of cotton will likely witness further strengthening from Asian countries, with China and South Korea escalating their dominance. Attention should be paid to Eastern European nations, like Belarus, which might emerge as new growth areas. Furthermore, sustainable practices and technological advancements may reshape industry dynamics, potentially favoring countries that innovate in these areas. The market may also experience shifts due to changes in global trade policies and environmental regulations affecting production and export capacities.
Top countries in Export of Looped Pile Knit or Crochet Fabric of Cotton by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 27,813,000 | 2023 | +4.55% | +5.07% | View data |
| 2 | 2 Malaysia | 10,783,000 | 2023 | +1.86% | +1.25% | View data |
| 3 | 3 South Korea | 8,341,000 | 2023 | +3.55% | +2.82% | View data |
| 4 | 4 Mauritius | 1,592,000 | 2023 | +0.31% | +1.02% | View data |
| 5 | 5 India | 1,210,500 | 2023 | -6.39% | -0.41% | View data |
| 6 | 6 Spain | 467,850 | 2023 | +2.37% | +0.15% | View data |
| 7 | 7 Belarus | 385,930 | 2023 | +5.67% | +8.3% | View data |
| 8 | 8 Portugal | 305,940 | 2023 | +1.02% | -1.4% | View data |
| 9 | 9 Germany | 255,700 | 2023 | -15.32% | -13.15% | View data |
| 10 | 10 United States | 178,560 | 2023 | -0.5% | +0.82% | View data |