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Jan 17, 2024

World's Best Import Markets for Polyesters in Primary Forms

The global market for polyesters in primary forms has been witnessing substantial growth in recent years. The increasing demand for these materials across various industries such as textiles, packaging, automotive, and construction has contributed to the significant influx of imports in several countries. In this article, we will explore the top import markets for polyesters in primary forms and provide key statistics to shed light on this thriving industry.

1. China - Leading the Import Market

China, with an import value of 1.7 billion USD in 2022, emerges as the world's largest import market for polyesters in primary forms. Its rapid industrialization and immense manufacturing capabilities make it a prime destination for polyester imports. The country's textile industry is one of the main drivers of polyester demand, as it is extensively used in the production of clothing and other textile products.

2. Germany - A Strong Contender

Germany follows closely behind China with an import value of 1.4 billion USD in 2022. The country boasts a robust manufacturing sector, particularly in the automotive industry, where polyesters are utilized in various components such as seat covers, carpets, and interior trim. The rising preference for lightweight materials in the automotive sector has increased the demand for polyesters in primary forms, contributing to Germany's strong import market.

3. Belgium - A Growing Hub

Belgium has emerged as a significant import market for polyesters in primary forms, with an import value of 843.3 million USD in 2022. The country's strategic location in Europe and its well-established logistics infrastructure make it an attractive import destination. Additionally, Belgium is home to many polyester production facilities, promoting the import of raw materials for further processing.

4. United States - Meeting Domestic Demand

The United States is another major player in the import market for polyesters in primary forms, with an import value of 776.2 million USD in 2022. The country's textile industry, particularly the apparel and home furnishing sectors, drives the demand for polyesters. The construction industry also contributes to the import market, as polyesters are widely used in insulation materials and roofing membranes.

5. Italy - A Fashion Hub

Italy, renowned for its fashion industry, imports a significant amount of polyesters in primary forms, with an import value of 685.6 million USD in 2022. Italian textile manufacturers rely on polyesters for the production of fabrics, garments, and accessories. The country's strong presence in the fashion world fuels its demand for polyesters.

6. France - Leveraging Industrial Capabilities

France stands out as an important import market for polyesters in primary forms, with an import value of 524.8 million USD in 2022. The country's diversified industrial sector utilizes polyesters for various applications, including packaging materials, automotive parts, and construction components. The demand for polyesters in France is driven by its strong manufacturing capabilities across multiple industries.

7. Japan - A Technological Powerhouse

Japan, known for its technological advancements, imports polyesters in primary forms worth 515.7 million USD in 2022. The country's electronics and automotive industries are major consumers of polyesters for various electronic components, circuit boards, and interior parts. Japan's commitment to innovation drives the import market for polyesters in the country.

8. Mexico - Catering to Diverse Industries

Mexico's import market for polyesters in primary forms is worth 506.2 million USD in 2022. The country's diverse industries, including textiles, automotive, and packaging, contribute to the demand for polyesters. Mexico's proximity to the United States and its participation in the North American Free Trade Agreement (NAFTA) has facilitated the growth of its import market.

9. Netherlands - A Distributor Hub

The Netherlands, with an import value of 488.4 million USD in 2022, has established itself as a key distributor hub for polyesters in primary forms. The country's well-developed transportation infrastructure and favorable business environment make it an attractive location for traders and distributors. Additionally, the Netherlands serves as a gateway to the European market, boosting the import market for polyesters.

10. South Korea - Fueling Industrial Demand

South Korea completes the list of top import markets for polyesters in primary forms with an import value of 420.0 million USD in 2022. The country's strong industrial base, including sectors like textiles, automotive, and electronics, drives the demand for polyesters. South Korea's focus on technological advancements and its export-oriented economy contribute to the growth of its import market for polyesters.

These top import markets for polyesters in primary forms highlight the global demand for these versatile materials. As industries continue to evolve and innovate, the import of polyesters is expected to witness further growth. Understanding these key import markets and their dynamics is essential for businesses operating in the polyester industry.

This article is based on data from IndexBox Market Intelligence Platform. IndexBox offers comprehensive market data and analytics on various industries, including the polyester industry. Their platform provides statistical and analytical reports, helping businesses make informed decisions. For more information, visit https://www.indexbox.io.

Source: IndexBox Market Intelligence Platform

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023