In 2023, Spain dominated the global export of multiple or cabled cellulose acetate yarn, holding a substantial lead with a 80.8% share by volume. The United States and Japan followed with 18.79% and 8.51%, respectively. Of note, Italy and South Korea saw significant changes, with Italy decreasing by 24.65% and South Korea increasing by 41.81%. Romania and Slovakia experienced declines, with Slovakia’s share dropping by 61.57%. Over the last five years, the Compound Annual Growth Rate (CAGR) indicates varied performance across these nations, with prominent growth from emerging contributors like South Korea.
Future trends to watch include:
- Potential shifts in global manufacturing hubs which might alter the export landscape significantly.
- Sustainability and environmental regulations could impact cellulose acetate production and exports.
- Technological advancements in yarn manufacturing potentially enhancing output efficiency.
- Influence of global trade agreements and economic policies on export dynamics among key players.
Top countries in Export of Multiple (Folded) or Cabled Cellulose Acetate Yarn Share by Country (Kilograms)
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 80.8 | 2023 | +4.75% | +6.63% | View data |
| 2 | 2 United States | 18.79 | 2023 | +5.42% | -1.04% | View data |
| 3 | 3 Japan | 8.51 | 2023 | +2.03% | -0.28% | View data |
| 4 | 4 Italy | 1.5 | 2023 | -32.05% | -24.65% | View data |
| 5 | 5 South Korea | 0.29 | 2023 | +4.74% | +41.81% | View data |
| 6 | 6 Thailand | 0.17 | 2023 | +3.24% | +0.4% | View data |
| 7 | 7 Romania | 0.069 | 2023 | 0% | -3.15% | View data |
| 8 | 8 Slovakia | 0.008 | 2023 | -98.25% | -61.57% | View data |
