In 2023, Spain led the global export market for multiple or cabled cellulose acetate yarn with a significant market share, while the United States and Japan held smaller shares. Year-on-year variations indicated growth for Spain and Japan, with substantial increases in exports. South Korea also saw a notable rise in percentage terms. Conversely, Italy experienced a considerable decline, and modest decreases were noted in the United States, United Kingdom, Thailand, and Romania. The five-year CAGR analysis suggests a trend of fluctuating market shares, with Asian markets showing emerging growth potential.
Future trends to watch include:
- Potential increased exports from South Korea contributing to a shift in regional market dynamics.
- The impact of policy changes in major exporting countries, potentially affecting global supply chains.
- Advancements in cellulose acetate yarn technology driving demand in emerging markets.
Top countries in Export of Multiple (Folded) or Cabled Cellulose Acetate Yarn Share by Country (US Dollars)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 92 | 2023 | +5.33% | +8.32% | View data |
| 2 | 2 United States | 4.41 | 2023 | +6% | -0.25% | View data |
| 3 | 3 Japan | 3.89 | 2023 | +3.34% | +2.6% | View data |
| 4 | 4 Italy | 1.02 | 2023 | -23.94% | -17.98% | View data |
| 5 | 5 United Kingdom | 0.095 | 2023 | -5.75% | -0.35% | View data |
| 6 | 6 South Korea | 0.086 | 2023 | +4.65% | +38.85% | View data |
| 7 | 7 Thailand | 0.062 | 2023 | +2.81% | -0.044% | View data |
| 8 | 8 Romania | 0.033 | 2023 | -1.16% | -5% | View data |
