Key Market Indicators
The yarn market in the Philippines is booming. Filipina Yarn Import is projected to reach around $142 million by 2026, up from $122 million in 2021. This would represent an average 2.5% growth year-on-year. Since 2001, demand for yarn in the Philippines has increased by an impressive 7.2% each year. Meanwhile, Filipina Yarn Export is expected to reach $17 million by 2026, up from $13 million this year. This would represent an average yearly growth of 4.4%. The supply of yarn in the Philippines has grown by a huge 37.1% since 2001.
