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The phrase "a declining share of" is correct and usable in written English.
It can be used when discussing a reduction in the proportion or percentage of something within a larger context, such as market share or resources.
Example: "The company has experienced a declining share of the market over the past few years due to increased competition."
Alternatives: "a shrinking portion of" or "a decreasing percentage of".
Exact(31)
Physical assembly accounts for a declining share of the value of finished goods.
As the country has grown richer, its manufacturers have accounted for a declining share of employment.
In keeping with recent trends, Islamist parties received a declining share of the vote.
"Natural resources accounts for a declining share of the state's economy," he said.
But others, worried about an eroding identity and a declining share of the market, ask whether this time is different.
Messrs Primus and Dupree are careful to talk only of a declining share of children living with single mothers.
Similar(27)
Universal, single payer health care is a right, not a privilege, that should be legislated and guaranteed to ALL Americans, not a steadily declining share of our population.
These 628 cities concentrated a growing share of the total number of ports in the maritime database, from 51%% in 1950 to 63 % in 1990, but a slightly declining share of total world population (from 53 to 47 %) and world vessel calls (from 82 to 78%%).
That context is characterized by a crumbling of trust in the major institutions of public life, declining membership of the three major parties and a similarly declining share of the popular vote for them in general elections.
For many shareholders, stuck with the reality of a declining share price, that may seem unfair.
These programs, which Congress finances annually, get a relatively small and declining share of the federal budget as spending grows for entitlement programs, the military and interest on the debt.
More suggestions(15)
a declining source of
a declining volume of
a declining stream of
a declining part of
a declining number of
a declining effect of
a declining prevalence of
a declining level of
a declining standard of
a declining balance of
a declining trend of
a declining percentage of
a declining function of
a declining scale of
a declining population of
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com