Polyester textile filament yarn market
Polyester textile filament yarn market: find recently published data powered by an Ai-driven market research tool. Data provide market prices, trade, consumption, production, exports, market size, imports, and companies. There is a split by country, including the Middle East, Latin America, Russia, China, Africa, the U.K., the U.S., and EU. Market dynamics and forecast to 2030 are also featured in the snapshots.
Polyester Textile Filament Yarn - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Japan |
3 | United States |
4 | Turkey |
5 | India |
In value terms, China, Japan and the United States constituted the countries with the highest levels of market value in 2020, together comprising 35% of the global market. These countries were followed by Turkey, India, France, Taiwan (Chinese), Egypt, Brazil, Indonesia, Vietnam, Pakistan and Bangladesh, which together accounted for a further 37%.
In terms of the main consuming countries, Pakistan saw the highest rates of growth with regard to market size, over the period under review, while market of polyester textile filament yarn (excluding sewing thread) for the other global leaders experienced mixed trends in the market figures.
Polyester Textile Filament Yarn (Excluding Sewing Thread) Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Malaysia | 1410 | 1229 | 980 | -16.6% |
China | 1608 | 1388 | 1089 | -17.7% |
India | 1623 | 1411 | 1149 | -15.9% |
Indonesia | 1826 | 1631 | 1371 | -13.4% |
Vietnam | 1941 | 1765 | 1393 | -15.3% |
Thailand | 1849 | 1939 | 1557 | -8.2% |
South Korea | 2366 | 2192 | 1779 | -13.3% |
Average | 1844 | 1654 | 1311 | -15.7% |
Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($1,779 per ton), while Malaysia ($980 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Japan | 2476 | 2398 | 2195 | -5.8% |
Italy | 2507 | 2254 | 2108 | -8.3% |
United States | 2247 | 2263 | 1956 | -6.7% |
Egypt | 1534 | 1357 | 1815 | 8.8% |
Mexico | 2095 | 1978 | 1603 | -12.5% |
Vietnam | 1788 | 1635 | 1501 | -8.4% |
Bangladesh | 1731 | 1608 | 1287 | -13.8% |
Turkey | 1720 | 1520 | 1266 | -14.2% |
South Korea | 1729 | 1498 | 1254 | -14.8% |
Pakistan | 1485 | 1502 | 1221 | -9.3% |
Indonesia | 1706 | 1510 | 1171 | -17.2% |
Brazil | 1563 | 1428 | 1142 | -14.5% |
India | 1895 | 1465 | 1017 | -26.7% |
Average | 1899 | 1729 | 1534 | -10.1% |
Prices varied noticeably by the country of destination; the country with the highest price was Japan ($2,195 per ton), while India ($1,017 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced a decline in the import price figures.
Polyester Textile Filament Yarn (Excluding Sewing Thread) - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Turkey | 1.1 | 1.1 | 0.8 | -12.4% |
Vietnam | 0.6 | 0.6 | 0.5 | -12.0% |
Egypt | 0.6 | 0.5 | 0.4 | -17.9% |
Brazil | 0.5 | 0.5 | 0.4 | -14.9% |
South Korea | 0.4 | 0.4 | 0.3 | -12.9% |
In value terms, the largest polyester textile filament yarn (excluding sewing thread) importing markets worldwide were Turkey ($820M), Vietnam ($486M) and Egypt ($410M), together accounting for 31% of global imports. Brazil, South Korea, Pakistan, Bangladesh, Japan, Indonesia, the United States, Italy, Mexico and India lagged somewhat behind, together comprising a further 36%.
Among the main importing countries, India saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.
Polyester Textile Filament Yarn (Excluding Sewing Thread) - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 2.9 | 3.1 | 2.5 | -7.6% |
India | 1.1 | 0.9 | 0.6 | -26.4% |
South Korea | 0.4 | 0.4 | 0.3 | -11.8% |
Malaysia | 0.3 | 0.2 | 0.2 | -22.0% |
Thailand | 0.3 | 0.2 | 0.2 | -18.5% |
In value terms, China ($2.5B) remains the largest polyester textile filament yarn (excluding sewing thread) supplier worldwide, comprising 50% of global exports. The second position in the ranking was occupied by India ($581M), with a 12% share of global exports. It was followed by South Korea, with a 5.9% share.
In China, exports of polyester textile filament yarn (excluding sewing thread) decreased by an average annual rate of -7.6% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (-26.4% per year) and South Korea (-11.8% per year).
Polyester Textile Filament Yarn (Excluding Sewing Thread) - Market Forecast
Driven by rising demand for polyester textile 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.
Polyester Textile Filament Yarn - Product Coverage
- HS 540233 - Yarn; textured, (not sewing thread), of polyesters (including synthetic monofilament of less than 67 decitex), not put up for retail sale
- HS 540246 - Yarn, synthetic; filament, monofilament (less than 67 decitex), of polyesters (not high tenacity or textured), partially oriented, single, untwisted or twisted 50 turns or less per metre, not for retail sale, not sewing thread
- HS 540247 - Yarn, synthetic; filament, monofilament (less than 67 decitex), polyesters (not high tenacity or textured), not partially oriented, single, untwisted or twisted 50 turns or less per metre, not for retail sale, not sewing thread
- HS 540252 - Yarn; (not sewing thread), single, of polyesters (including synthetic monofilament of less than 67 decitex), with a twist exceeding 50 turns per metre, not put up for retail sale, not textured, not high tenacity
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