In 2023, China led the global export of pile knit or crochet fabric of cotton with a significant volume, followed by Malaysia and Spain. Remarkably, the Netherlands and Belarus showed notable positive year-on-year variations, at 11.88% and 11.75% respectively, indicating growing market presence. In contrast, South Korea, Germany, and Greece registered declines, signaling potential challenges in maintaining export volumes. Additionally, a highlighted surge was seen from Saudi Arabia, reflecting strategic market repositioning. Critical declines for countries like Hungary and Colombia indicate shifting dynamics globally.
Looking forward, monitoring China's dominance and the market entry strategies of emerging players like Saudi Arabia will be crucial. The ability of traditional exporters to reverse declining trends amidst global supply chain shifts will also play a significant role in shaping future market dynamics.
Top countries in Export of Pile Knit or Crochet Fabric of Cotton by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 85,812,000 | 2023 | +3.21% | +2.08% | View data |
| 2 | 2 Malaysia | 4,202,400 | 2023 | +0.63% | +0.3% | View data |
| 3 | 3 Spain | 2,145,600 | 2023 | +4.65% | +4.92% | View data |
| 4 | 4 Thailand | 1,149,400 | 2023 | +0.8% | +0.89% | View data |
| 5 | 5 South Korea | 1,073,100 | 2023 | -4.95% | -4.06% | View data |
| 6 | 6 Netherlands | 720,290 | 2023 | +0.91% | +11.88% | View data |
| 7 | 7 Belarus | 658,220 | 2023 | +4.42% | +11.75% | View data |
| 8 | 8 Bulgaria | 587,640 | 2023 | +3.39% | +4% | View data |
| 9 | 9 United States | 405,570 | 2023 | -7.83% | -9.68% | View data |
| 10 | 10 Mauritius | 363,240 | 2023 | -0.7% | +0.77% | View data |
