In 2023, India and Germany were leading exporters of woven carpets of wool or hair, capturing 23% and 21.22% of the market share, respectively. The top five countries, including Sweden, China, and Austria, accounted for over half of the global exports in this segment. Notably, China experienced an impressive 11.63% growth, making it the fastest-growing exporter among the top contributors. In contrast, countries like Belgium and France saw declines in their export shares, while emerging markets such as Kazakhstan demonstrated significant growth with a 38.27% increase.
For future trends, watch for:
- Continued growth of China due to capacity expansion and competitive pricing.
- Potential market share gains for upcoming markets like Kazakhstan and Poland, driven by strategic trade partnerships.
- Potential challenges for European exporters due to economic fluctuations and competition from Asian markets.
Top countries in Export of Woven Carpet of Wool or Hair, Made Up Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 23 | 2023 | +4.79% | +4.97% | View data |
| 2 | 2 Germany | 21.22 | 2023 | +3.89% | +3.89% | View data |
| 3 | 3 Sweden | 12.09 | 2023 | +1.57% | +3.01% | View data |
| 4 | 4 China | 10.4 | 2023 | -6.53% | +11.63% | View data |
| 5 | 5 Austria | 8.96 | 2023 | +2.47% | +2.37% | View data |
| 6 | 6 Italy | 5.19 | 2023 | +4.36% | +3.87% | View data |
| 7 | 7 United States | 3.89 | 2023 | +1.82% | +2.47% | View data |
| 8 | 8 Hungary | 3.04 | 2023 | -0.81% | +0.64% | View data |
| 9 | 9 United Arab Emirates | 1.58 | 2023 | +3.7% | +3.21% | View data |
| 10 | 10 Netherlands | 1.18 | 2023 | +1.44% | +9.01% | View data |
