In 2023, China and Indonesia dominate the global export market for single yarn containing 85% or more by weight of staple fibers of polyester, together contributing over 84% of the total share. China experienced a 5.21% increase, leading the market expansion. Indonesia's growth at 3.29% also reflects robust trends. While Germany and Canada faced significant declines of 13.4% and 5.01%, Greece showed remarkable growth with a 146.9% increase. Other notable growths include South Africa with 14.39% and Croatia at 3.71%, suggesting diverse regional competitiveness.
Looking forward, global demand is likely to focus more on sustainable and innovative fiber solutions. China and Indonesia's continued dominance will be influenced by their ability to adapt to eco-friendly production practices. Monitoring technological advancements and geopolitical shifts will be crucial in understanding distribution and competitive strategies in this sector.
Top countries in Export of Single Yarn Containing 85% or More by Weight of Staple Fibres of Polyester Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 52.08 | 2023 | +3.58% | +5.21% | View data |
| 2 | 2 Indonesia | 32.11 | 2023 | +2.61% | +3.29% | View data |
| 3 | 3 India | 4.62 | 2023 | +3.07% | +2.37% | View data |
| 4 | 4 Belgium | 0.79 | 2023 | +1.59% | +3.06% | View data |
| 5 | 5 United States | 0.53 | 2023 | -1.49% | -2.29% | View data |
| 6 | 6 Belarus | 0.5 | 2023 | +6.54% | +2.67% | View data |
| 7 | 7 Thailand | 0.48 | 2023 | +0.82% | +3.32% | View data |
| 8 | 8 Austria | 0.41 | 2023 | +3.47% | +5.04% | View data |
| 9 | 9 Japan | 0.34 | 2023 | +3.49% | -2.57% | View data |
| 10 | 10 Italy | 0.33 | 2023 | -4.05% | -5.14% | View data |
