In 2023, the import of twine, cordage, ropes, and cables of polyethylene or polypropylene to China stood at an unspecified level. From 2024 to 2028, the forecast shows a consistent increase in import value from 10.389 million USD to 11.035 million USD over five years. The year-on-year growth from 2024 to 2025 is 1.6%, from 2025 to 2026 is 1.5%, from 2026 to 2027 is also 1.5%, and from 2027 to 2028 is 1.4%. The compound annual growth rate over these years is moderately positive, indicative of a steady upward trend.
Future trends to watch for include:
- Impact of trade policies or tariffs that could affect import costs and volumes.
- Technological advancements in polyethylene or polypropylene manufacturing, potentially influencing demand.
- Market demand fluctuations driven by industrial and consumer needs for durable materials.
- Environmental concerns and regulations regarding plastics which might alter market dynamics.
Latest reports
US Textile Market Report- Q4 2024
The fourth quarter of 2024 was a transformative period for the US textile industry, marked by significant shifts towards sustainability, technological advancements, and...
China Textile Market Report- Q4 2024
The fourth quarter of 2024 marks a significant period for the Textile China market, showcasing growth driven by domestic demand and strategic international...
Japan Textile Market Report- Q4 2024
In the fourth quarter of 2024, Japan's textile market experienced a moderate economic recovery, with GDP growth stabilizing at 0.3%. This slight recovery,...
Germany Textile Market Report- Q4 2024
The fourth quarter of 2024 marks a period of significant transformation and strategic adaptation for the German textile industry. As sustainability and digitalization...
India Textile Market Report- Q4 2024
In the fourth quarter of 2024, the Indian textile market demonstrated resilience and adaptability amidst global economic and geopolitical challenges. The sector continued...
UK Textile Market Report- Q4 2024
The UK textile market in Q4 2024 has been shaped by a combination of economic, regulatory, and consumer-driven factors. The sector is navigating...
France Textile Market Report- Q4 2024
In the fourth quarter of 2024, the textile market in France is characterized by significant trends in sustainability, innovation, and economic challenges. The...
Canada Textile Market Report- Q4 2024
The Canadian textile industry has experienced a dynamic fourth quarter of 2024, driven by significant trends in smart textiles, sustainable practices, and technical...
Brazil Textile Market Report- Q4 2024
The fourth quarter of 2024 presents a dynamic landscape for the textile industry in Brazil, characterized by resilience and strategic adaptation amidst economic...
Italy Textile Market Report- Q4 2024
The fourth quarter of 2024 marks a transformative period for the Textile Industry in Italy, emphasizing sustainability, technological innovation, and strategic responses to...