As of 2024, Portugal leads in global exports of hat-forms of felt, showing consistent growth over the years, followed by Bolivia and the Czech Republic. The United States has seen a decline, while Serbia and the Netherlands have shown significant growth. The export market is notably volatile, with high variations across countries, reflecting both economic conditions and market demand for fashion products. Switzerland and Japan showed strong growth, while Germany and Spain encountered steep declines in 2023.
Future trends to watch include the potential rise in demand from emerging markets, shifts due to changes in fashion trends, and the impact of global economic conditions on export capacities. Monitoring tariffs, trade agreements, and technological advancements in the production process will also be crucial in shaping future export dynamics.
Top countries in Export of Hat-Forms of Felt Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 38.69 | 2023 | +2.94% | +2.8% | View data |
| 2 | 2 Bolivia | 19.66 | 2023 | +3.88% | +4.02% | View data |
| 3 | 3 Czech Republic | 10.51 | 2023 | +3.56% | +3.81% | View data |
| 4 | 4 China | 8.32 | 2023 | -2.2% | +0.21% | View data |
| 5 | 5 Ecuador | 4.78 | 2023 | +2.93% | +4.69% | View data |
| 6 | 6 United States | 3.79 | 2023 | -0.82% | -2.45% | View data |
| 7 | 7 United Kingdom | 1.84 | 2023 | +2.35% | +1.04% | View data |
| 8 | 8 Poland | 1.49 | 2023 | -1.18% | -3.66% | View data |
| 9 | 9 India | 1.32 | 2023 | -4.53% | -4.67% | View data |
| 10 | 10 Serbia | 0.9 | 2023 | +4.9% | +13.79% | View data |
