Other synthetic filament yarn market
Other synthetic filament yarn market: enjoy the most recent data enhanced by an Ai-driven market research tool. Facts and figures cover consumption, exports, companies, trade, market prices, market size, imports, and production. There is a split by region, including Latin America, EU, China, the U.S., the Middle East, the U.K., Africa, and Russia. Market dynamics and forecast to 2030 are also provided in the dashboards.
Other Synthetic Filament Yarn - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | Germany |
| 4 | Japan |
| 5 | France |
In value terms, the largest other synthetic filament yarn (excluding sewing thread) markets worldwide were China, the United States and Germany, together comprising 47% of the global market. These countries were followed by Japan, France, India, Indonesia, Taiwan (Chinese), Italy, Canada, Spain, Bangladesh and Iran, which together accounted for a further 22%.
France saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while market of other synthetic filament yarn (excluding sewing thread) for the other global leaders experienced more modest paces of growth.
Other Synthetic Filament Yarn (Excluding Sewing Thread) Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Turkey | 2953 | 2475 | 2942 | -0.2% |
| South Korea | 3199 | 3609 | 3572 | 5.7% |
| Singapore | 5844 | 5131 | 4288 | -14.3% |
| China | 4086 | 4882 | 4738 | 7.7% |
| Israel | 5053 | 5805 | 5713 | 6.3% |
| France | 5738 | 5136 | 5739 | 0.0% |
| Japan | 5815 | 5908 | 5962 | 1.3% |
| Thailand | 7487 | 7512 | 6580 | -6.3% |
| United States | 10508 | 10581 | 11170 | 3.1% |
| Average | 5858 | 5992 | 5535 | -2.8% |
Prices varied noticeably by the country of origin; the country with the highest price was the United States ($11,170 per ton), while Turkey ($2,942 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Germany | 6983 | 6783 | 18738 | 63.8% |
| Netherlands | 9442 | 9308 | 16191 | 30.9% |
| France | 6121 | 8023 | 8317 | 16.6% |
| South Korea | 7568 | 6685 | 7584 | 0.1% |
| China | 4714 | 6521 | 7189 | 23.5% |
| Vietnam | 4906 | 4938 | 7113 | 20.4% |
| Indonesia | 5656 | 6146 | 6798 | 9.6% |
| United States | 7634 | 6818 | 6370 | -8.7% |
| Canada | 9958 | 7701 | 4965 | -29.4% |
| Spain | 5720 | 5036 | 3927 | -17.1% |
| Bangladesh | 2425 | 2327 | 2853 | 8.5% |
| Pakistan | 2968 | 2118 | 1816 | -21.8% |
| Nigeria | 443 | 251 | 305 | -17.0% |
| Average | 4952 | 4649 | 7449 | 22.6% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($18,738 per ton), while Nigeria ($305 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany (+63.8% per year), while the other global leaders experienced more modest paces of growth.
Other Synthetic Filament Yarn (Excluding Sewing Thread) - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Germany | 80 | 81 | 75 | -2.9% |
| South Korea | 90 | 78 | 55 | -21.6% |
| China | 69 | 61 | 55 | -11.0% |
| Netherlands | 43 | 41 | 50 | 8.0% |
| France | 73 | 73 | 41 | -25.7% |
In value terms, Germany ($75M), South Korea ($55M) and China ($55M) were the countries with the highest levels of imports in 2020, together comprising 28% of global imports. These countries were followed by the Netherlands, France, the United States, Vietnam, Indonesia, Bangladesh, Canada, Spain, Pakistan and Nigeria, which together accounted for a further 34%.
Canada (+71.0% per year) recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Other Synthetic Filament Yarn (Excluding Sewing Thread) - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 126 | 173 | 176 | 18.2% |
| Japan | 222 | 229 | 176 | -11.1% |
| United States | 80 | 76 | 47 | -23.2% |
| Thailand | 42 | 47 | 43 | 0.6% |
| Israel | 8 | 8.7 | 35 | 109.0% |
In value terms, the largest other synthetic filament yarn (excluding sewing thread) supplying countries worldwide were China ($176M), Japan ($176M) and the United States ($47M), together accounting for 65% of global exports. Thailand, Israel, South Korea, France, Singapore and Turkey lagged somewhat behind, together accounting for a further 23%.
Among the main exporting countries, Israel (+109.0% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Other Synthetic Filament Yarn (Excluding Sewing Thread) - Market Forecast
Driven by rising demand for other synthetic filament yarn (excluding sewing thread) worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Other Synthetic Filament Yarn - Product Coverage
- HS 540239 - Yarn; textured, (not sewing thread), of synthetic filament yarn n.e.s. in item no. 5402.30 (including synthetic monofilament of less than 67 decitex), not put up for retail sale
- HS 540249 - Yarn; (not sewing thread), single, synthetic filament yarn (including synthetic monofilament of less than 67 decitex) n.e.s. in item no. 5402.4, untwisted or twisted 50 turns or less per metre, not for retail sale, not textured, not high tenacity
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