Asia: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2025

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Asia

The Asian high-tenacity filament nylon yarn market reached $X in 2022, increasing by 3.7% against the previous year. The market value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Asia

In value terms, high-tenacity filament nylon yarn production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports in Asia

In 2022, shipments abroad of high-tenacity filament yarn of nylon or other polyamides increased by 2.2% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 21% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, high-tenacity filament nylon yarn exports expanded rapidly to $X in 2022. Total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 55%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

China was the major exporting country with an export of about X tons, which amounted to 50% of total exports. Japan (X tons) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (9.4%), Turkey (8.4%), Thailand (7.4%) and Vietnam (5.6%). Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to high-tenacity filament nylon yarn exports from China stood at +6.3%. At the same time, Thailand (+20.3%), Vietnam (+19.0%) and Taiwan (Chinese) (+3.6%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of +20.3% from 2012-2022. Japan and Turkey experienced a relatively flat trend pattern. By contrast, Indonesia (-3.4%) illustrated a downward trend over the same period. China (+7.7 p.p.), Thailand (+5.6 p.p.) and Vietnam (+4.1 p.p.) significantly strengthened its position in terms of the total exports, while Indonesia, Turkey and Japan saw its share reduced by -3.6%, -4.6% and -5.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest high-tenacity filament nylon yarn supplier in Asia, comprising 46% of total exports. The second position in the ranking was taken by Japan ($X), with a 12% share of total exports. It was followed by Turkey, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +6.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-2.2% per year) and Turkey (+2.9% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, with an increase of 8% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 30%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.7%), while the other leaders experienced more modest paces of growth.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports in Asia

High-tenacity filament nylon yarn imports declined slightly to X tons in 2022, remaining constant against 2021 figures. The total import volume increased at an average annual rate of +4.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn imports expanded significantly to $X in 2022. Total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of high-tenacity filament nylon yarn imports in 2022 were Vietnam (X tons), India (X tons), China (X tons), Thailand (X tons), South Korea (X tons), Taiwan (Chinese) (X tons), Indonesia (X tons), Turkey (X tons), Myanmar (X tons) and Japan (X tons), together accounting for 97% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Myanmar (with a CAGR of +52.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 48% share of total imports. India, South Korea, Indonesia, Taiwan (Chinese), Turkey, Japan and Myanmar lagged somewhat behind, together comprising a further 49%.

Among the main importing countries, Myanmar, with a CAGR of +44.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, growing by 7.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 27% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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