In 2023, China dominated the global export of pile knit or crochet fabric of manmade fibers, contributing significantly more than any other country. Other notable exporters included South Korea, the United States, and Italy. A large positive year-on-year change was observed in El Salvador and Israel, suggesting rapid growth in these markets. Conversely, countries like Japan, Brazil, and Thailand experienced notable declines. Smaller exporters, such as Bosnia and Herzegovina, showed high growth rates, indicating potential emerging players.
A trend to watch is the growth in emerging markets, such as El Salvador and Israel, which have shown significant increases in export values. Additionally, economic shifts and trade agreements may influence future export dynamics, especially with potential shifts in production capabilities or geopolitical stability. Anticipate technology and sustainability trends affecting production efficiencies and market shares in the sector.
Top countries in Export of Pile Knit or Crochet Fabric of Manmade Fibres by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,578,300,000 | 2023 | +3.96% | +3.79% | View data |
| 2 | 2 South Korea | 97,053,000 | 2023 | -6.56% | -6.25% | View data |
| 3 | 3 Italy | 32,112,000 | 2023 | -0.3% | -2.04% | View data |
| 4 | 4 United States | 30,571,000 | 2023 | -5.17% | -2.12% | View data |
| 5 | 5 Netherlands | 25,062,000 | 2023 | +4.32% | +3.37% | View data |
| 6 | 6 Spain | 13,606,000 | 2023 | -0.19% | -0.65% | View data |
| 7 | 7 El Salvador | 13,168,000 | 2023 | +6.18% | +15.36% | View data |
| 8 | 8 Germany | 12,995,000 | 2023 | -3.84% | -5.04% | View data |
| 9 | 9 Poland | 11,319,000 | 2023 | +4.81% | +6.03% | View data |
| 10 | 10 United Kingdom | 10,929,000 | 2023 | +1.49% | +1.87% | View data |