In 2023, China dominated global exports of multiple or cabled yarn with 85% or more artificial staple fibers by weight, representing 50.84% of the market share. Indonesia and India followed with 17.68% and 14.65%, respectively. Notably, Slovenia's exports surged by 92.7%, while countries like Germany and Japan saw declines. Over the past two years, the most significant growth rates were in Slovenia and moderate increases in China and Indonesia. Conversely, Japan and Canada experienced marked declines. The last five years saw annualized growth in Slovenia and the Netherlands, suggesting potential market shifts.
Future trends to watch include the rising influence of Southeast Asian producers like Indonesia and the potential recovery in European markets that saw previous declines. The global market should also monitor technological advancements and environmental sustainability efforts, which may influence export dynamics in the artificial staple fibers sector.
Top countries in Export of Multiple (Folded) or Cabled Yarn Containing 85% or More by Weight of Artificial Staple Fibres Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 50.84 | 2023 | +3.39% | +3.49% | View data |
| 2 | 2 Indonesia | 17.68 | 2023 | +1.13% | +1.55% | View data |
| 3 | 3 India | 14.65 | 2023 | -1.15% | +0.81% | View data |
| 4 | 4 Slovenia | 11.99 | 2023 | +4.68% | +92.7% | View data |
| 5 | 5 Belgium | 2.65 | 2023 | +1.19% | +0.9% | View data |
| 6 | 6 Italy | 0.59 | 2023 | -1.81% | -2.15% | View data |
| 7 | 7 Czech Republic | 0.29 | 2023 | +2.23% | +1.15% | View data |
| 8 | 8 Germany | 0.25 | 2023 | -4.81% | -4.55% | View data |
| 9 | 9 Spain | 0.18 | 2023 | +0.38% | +0.81% | View data |
| 10 | 10 Portugal | 0.12 | 2023 | -1.24% | +1.97% | View data |
