In the global export market of single partially oriented polyester yarn in 2023, China dominated with a substantial market share, overshadowing other countries. Despite China's growth at 4.09%, India and Malaysia experienced slight declines of -1.71% and -2.81%, respectively. The Netherlands was remarkably upward with a growth of 6.87%. The United States observed a modest increase at 2.43%, while Italy faced a decline of -3.17%. Notable shrinkage was observed in Japan at -10.39%. Overall, the market showed mixed trends with varied performances across different countries.
Future trends to watch include:
- China's continued dominance and growth in the export market.
- The potential for recovery in India and Malaysia’s exports.
- Observing whether Japan and other declining countries can curb their negative growth trends.
- Sustainability and its impact on polyester yarn exports across different regions.
Top countries in Export of Single Partially Oriented Polyester Yarn Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 57.04 | 2023 | +4.44% | +4.09% | View data |
| 2 | 2 India | 12.44 | 2023 | -1.24% | -1.71% | View data |
| 3 | 3 Malaysia | 8.15 | 2023 | -1.19% | -2.81% | View data |
| 4 | 4 Thailand | 5.86 | 2023 | +1.3% | +1.92% | View data |
| 5 | 5 United States | 4.25 | 2023 | +1.79% | +2.43% | View data |
| 6 | 6 South Korea | 2.97 | 2023 | +2.33% | +1.2% | View data |
| 7 | 7 Indonesia | 2.65 | 2023 | -0.71% | +0.96% | View data |
| 8 | 8 Spain | 0.91 | 2023 | +1.8% | +4.16% | View data |
| 9 | 9 Italy | 0.77 | 2023 | -2.36% | -3.17% | View data |
| 10 | 10 Netherlands | 0.28 | 2023 | +5.32% | +6.87% | View data |
