In 2023, India led the global export market for polyester yarn mixed with wool or fine animal hair, showing a 3.53% increase from the previous year. China and Germany followed, with China experiencing a modest growth of 2.96%, while Germany saw a decrease of 5.07%. Emerging players included South Korea and Belarus with growth rates of 3.13% and 3.79%, respectively. Notably, Japan experienced significant growth at 17%, while South Africa's share skyrocketed by 225.78%. Conversely, Italy and the United Arab Emirates faced considerable declines in export values, losing 25.23% and 7.8%, respectively.
Future trends to watch involve continued diversification in supplier countries, with potential growth in Asian and African markets. Sustainability concerns and technological advancements may also impact manufacturing processes and trade patterns. Monitoring geopolitical dynamics will be crucial, as they could influence trade policies and export volumes.
Top countries in Export of Polyester Yarn Mixed Mainly or Solely with Wool or Fine Animal Hair Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 32.53 | 2023 | +2.23% | +3.53% | View data |
| 2 | 2 China | 15.34 | 2023 | +0.93% | +2.96% | View data |
| 3 | 3 Germany | 11.47 | 2023 | -5.4% | -5.07% | View data |
| 4 | 4 Czech Republic | 7.57 | 2023 | +1.28% | -1.32% | View data |
| 5 | 5 Thailand | 7.12 | 2023 | +6.28% | +0.44% | View data |
| 6 | 6 Portugal | 6.03 | 2023 | -4.02% | -2.73% | View data |
| 7 | 7 Poland | 5.64 | 2023 | -5.31% | -8.07% | View data |
| 8 | 8 Austria | 4.89 | 2023 | +2.11% | +2.74% | View data |
| 9 | 9 South Korea | 3.12 | 2023 | -3.57% | +3.13% | View data |
| 10 | 10 Romania | 2.99 | 2023 | -1.98% | +1.14% | View data |
