In 2023, the import of high tenacity nylon yarn to China was valued at an estimated base level. By 2024, forecasted data suggests a growth to 321.5 million USD, continuing on an upward trend through to 2028, reaching 362.49 million USD. This steady year-on-year increase reflects China's increasing demand for high-performance materials, signifying a robust average annual growth rate (CAGR) over the five-year period.
Looking ahead, key trends to monitor include technological innovations in yarn manufacturing that could alter demand patterns, potential tariff changes affecting trade dynamics, and shifts in global supply chain stability influenced by geopolitical factors. These elements will play pivotal roles in shaping market trajectories.
