In 2023, China dominated the global export market of woven fabrics containing 85% or more by weight of textured polyester filaments, accounting for 49.32% of total exports, reflecting a 2.92% year-on-year increase. South Korea and Germany followed with shares of 9.06% and 8.47%, respectively. Notable growth was observed in countries like Peru (45.66%), Ecuador (38.81%), and Bulgaria (6.06%). In contrast, South Africa and Morocco saw significant declines. Overall growth trends show that countries like Singapore and India are emerging as key players, with Malaysia and Japan also showing strong growth rates over the previous year.
Looking ahead, the global export of these woven fabrics is expected to evolve with increased emphasis on sustainability and innovation in textile production. China is likely to maintain its lead, but South Korea, Germany, and emerging markets may capture a larger share by adopting advanced manufacturing technologies. Monitoring trade policies and raw material availability will be crucial in understanding future shifts in market dynamics.
Top countries in Export of Woven Fabrics, Containing 85% or More by Weight of Textured Polyester Filaments of Yarns of Different Colours Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 49.32 | 2023 | +3.21% | +2.92% | View data |
| 2 | 2 South Korea | 9.06 | 2023 | +3.99% | +4.55% | View data |
| 3 | 3 Germany | 8.47 | 2023 | +2.26% | +2.7% | View data |
| 4 | 4 United States | 3.45 | 2023 | +2.47% | +2.67% | View data |
| 5 | 5 Canada | 3.45 | 2023 | +3.49% | +4.17% | View data |
| 6 | 6 Italy | 3.33 | 2023 | -0.4% | -1.41% | View data |
| 7 | 7 Poland | 3.15 | 2023 | +5.1% | +5.39% | View data |
| 8 | 8 Belgium | 2.72 | 2023 | -0.28% | +0.56% | View data |
| 9 | 9 Austria | 2.52 | 2023 | +2.72% | +2.93% | View data |
| 10 | 10 Denmark | 1.75 | 2023 | +3.15% | +4.44% | View data |
