In 2023, Japan led the global export market for filament tow of acrylic or modacrylic, valued at $336.57 million. Thailand and Malaysia followed, with $112.62 million and $85.754 million, respectively. Over the last year, Japan and Thailand saw modest growth of 2.97% and 2.26%, while Malaysia grew by 5.27%. Notable declines were observed in Belarus (-3.47%) and Peru (-3.32%). Belgium experienced the largest drop at -31.36%. Over the past five years, the compound annual growth rate (CAGR) highlights consistent growth in China (8.7%) and Russia (8.62%).
Future trends to watch include increasing demand in emerging markets and the impact of sustainable practices. Technological advancements and geopolitical factors will also influence the export landscape. Monitoring China's growth and potential regulatory changes will be essential for strategic market positioning.
Top countries in Export of Filament Tow of Acrylic or Modacrylic by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 336,570,000 | 2023 | +2.04% | +2.97% | View data |
| 2 | 2 Thailand | 112,620,000 | 2023 | +2.14% | +2.26% | View data |
| 3 | 3 Malaysia | 85,754,000 | 2023 | +6.36% | +5.27% | View data |
| 4 | 4 Portugal | 78,182,000 | 2023 | +0.79% | -0.29% | View data |
| 5 | 5 South Korea | 74,092,000 | 2023 | +2.04% | +0.82% | View data |
| 6 | 6 Belarus | 38,255,000 | 2023 | -2.31% | -3.47% | View data |
| 7 | 7 China | 37,244,000 | 2023 | +4.18% | +8.7% | View data |
| 8 | 8 Spain | 33,639,000 | 2023 | +3.66% | +0.31% | View data |
| 9 | 9 India | 15,106,000 | 2023 | +1.28% | +1.72% | View data |
| 10 | 10 Peru | 13,344,000 | 2023 | -1.62% | -3.32% | View data |
