Market Share Of Exporting Countries In Global Exports Of Printed Bedlinen Of Manmade Fibres (hsn Code 630222)
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Country-Specific Insights:

China remains the dominant exporter with a 21.0% growth in exports, increasing its market share from 77.7% to 81.8%. Despite fluctuations, China’s exports rose from $750.9 million in 2016 to $908.5 million in 2022.

Pakistan has shown an extraordinary surge in its export growth rate at 813.1%, albeit from a low base. Its exports expanded from $2.7 million to $24.9 million, increasing its market share from 0.3% to 2.2%.

Germany faced a significant decline of -42.3% in its exports, with its market share shrinking to 1.8% from 3.7%.

Spain also experienced a decrease in exports by -23.7%, with a consistent market share of 1.8% in the last year.

Bangladesh’s exports remained relatively stable with a slight growth of 0.8%, maintaining a market share around 1.2% to 1.3%.

India saw a decline of -15.9% in its exports, with its market share reducing to 1.0% from 1.4%..

Over View

The overall growth in global exports suggests a recovering or expanding market for printed bedlinen of manmade fibres. China’s dominance could be due to its large manufacturing base and competitive pricing. Pakistan’s remarkable growth may be attributed to improved production capabilities or favorable trade agreements. The decline in Germany and Spain’s exports could be due to increased competition or shifts in production focus. Bangladesh’s stability suggests a steady demand for its products.

India’s Position

 India’s performance in the export of printed bedlinen of manmade fibres is concerning when compared to other major exporters. The decline in both export value and market share indicates challenges in competitiveness or changes in global demand patterns.

India’s decline might be due to increased competition, cost factors, or a lack of diversification in export markets. These trends highlight the competitive nature of global trade and the importance of innovation, market adaptation,and trade policies in maintaining and enhancing a country’s export position.

04:01 PM, Sep 06

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