Polypropylene filament yarn market
Polypropylene filament yarn market: read recently published information empowered by an Ai-driven market research platform. Facts and figures provide exports, imports, trade, market size, consumption, companies, production, and market prices. Here is a breakdown by region, including EU, the Middle East, Russia, the U.K., the U.S., Africa, Latin America, and China. Market trends and forecast to 2030 are also provided in the reports.
Polypropylene Filament Yarn - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | China |
3 | Japan |
4 | Germany |
5 | India |
In value terms, the largest polypropylene filament yarn (excluding sewing thread) markets worldwide were the United States, China and Japan, with a combined 51% share of the global market. Germany, India, Mexico, the UK, France, Canada, Spain, Iran, Saudi Arabia and Turkey lagged somewhat behind, together comprising a further 25%.
In terms of the main consuming countries, Saudi Arabia saw the highest rates of growth with regard to market size, over the period under review, while market of polypropylene filament yarn (excluding sewing thread) for the other global leaders experienced more modest paces of growth.
Polypropylene Filament Yarn (Excluding Sewing Thread) Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
India | 2077 | 1941 | 1709 | -9.3% |
Saudi Arabia | 1698 | 1647 | 1777 | 2.3% |
Moldova | 2226 | 2066 | 1922 | -7.1% |
South Korea | 2320 | 2223 | 2136 | -4.0% |
Turkey | 2311 | 2239 | 2152 | -3.5% |
Czech Republic | 2497 | 2362 | 2166 | -6.9% |
Ukraine | 1974 | 2219 | 2265 | 7.1% |
Belgium | 2938 | 2661 | 2342 | -10.7% |
Poland | 2585 | 2638 | 2345 | -4.8% |
Greece | 2807 | 2523 | 2418 | -7.2% |
China | 2575 | 2639 | 2576 | 0.0% |
France | 2487 | 2728 | 2595 | 2.1% |
United States | 4306 | 3816 | 5518 | 13.2% |
Average | 2775 | 2729 | 2621 | -2.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($5,518 per ton), while India ($1,709 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, 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 | ||||
Japan | 3403 | 3328 | 3771 | 5.3% |
Spain | 3235 | 3085 | 3162 | -1.1% |
Italy | 3134 | 3093 | 2860 | -4.5% |
United Kingdom | 3183 | 3029 | 2745 | -7.1% |
Germany | 3311 | 3186 | 2675 | -10.1% |
United States | 3006 | 3233 | 2503 | -8.7% |
Morocco | 2961 | 2872 | 2442 | -9.2% |
Australia | 2671 | 2545 | 2415 | -4.9% |
Turkey | 2485 | 2310 | 2234 | -5.2% |
Belgium | 2531 | 2385 | 2233 | -6.1% |
Mexico | 2843 | 2566 | 2048 | -15.1% |
Thailand | 2015 | 2386 | 1682 | -8.6% |
Nigeria | 1819 | 1579 | 1084 | -22.8% |
Average | 2774 | 2689 | 2448 | -6.1% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($3,771 per ton), while Nigeria ($1,084 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced a decline in the import price figures.
Polypropylene Filament Yarn (Excluding Sewing Thread) - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
United Kingdom | 64 | 51 | 35 | -26.3% |
United States | 35 | 35 | 22 | -21.7% |
Belgium | 54 | 27 | 19 | -40.9% |
Japan | 8.3 | 7.7 | 12 | 21.3% |
Turkey | 14 | 12 | 12 | -8.6% |
In value terms, the UK ($35M), the United States ($22M) and Belgium ($19M) appeared to be the countries with the highest levels of imports in 2020, together comprising 21% of global imports. Japan, Turkey, Australia, Italy, Spain, Mexico, Morocco, Germany, Thailand and Nigeria lagged somewhat behind, together accounting for a further 26%.
Morocco (+80.1% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Polypropylene Filament Yarn (Excluding Sewing Thread) - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
China | 49 | 55 | 56 | 7.0% |
Turkey | 76 | 69 | 51 | -18.3% |
South Korea | 25 | 20 | 22 | -5.7% |
Belgium | 53 | 27 | 20 | -39.4% |
United States | 17 | 18 | 16 | -2.4% |
In value terms, the largest polypropylene filament yarn (excluding sewing thread) supplying countries worldwide were China ($56M), Turkey ($51M) and South Korea ($22M), with a combined 43% share of global exports. Belgium, the United States, India, Poland, France, Greece, Ukraine, the Czech Republic, Moldova and Saudi Arabia lagged somewhat behind, together comprising a further 31%.
Among the main exporting countries, India recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.
Polypropylene Filament Yarn (Excluding Sewing Thread) - Market Forecast
The market for polypropylene filament yarn (excluding sewing thread) is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.3% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Polypropylene Filament Yarn - Product Coverage
- HS 540234 - Yarn, synthetic; filament, monofilament (less than 67 decitex), textured, of polypropylene, not for retail sale, not sewing thread
- HS 540248 - Yarn, synthetic; filament, monofilament (less than 67 decitex), of polypropylene (not high tenacity or textured), single, untwisted or twisted 50 turns or less per metre, not for retail sale, not sewing thread
- HS 540259 - Yarn; (not sewing thread), single, synthetic filament yarn (including synthetic monofilament less than 67 decitex), n.e.s. in item no. 5402.5, with twist exceeding 50 turns per metre, not for retail sale, not textured, not high tenacity
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