In 2023, China led the global export market for yarn of synthetic staple fibres, maintaining a significant share of the market. India, United States, and Canada followed. Notable increases in export shares were observed in Pakistan, Netherlands, Belarus, and Kyrgyzstan. Meanwhile, countries like France, Peru, Italy, and Thailand experienced declines. Over the past five years, some countries like Finland showed exceptionally high CAGR, indicating strong growth potential, while others such as Greece and Japan had declines.
Looking ahead, key trends include the rising demand for sustainable and eco-friendly synthetic fibres, potential trade policy changes, and technological advancements in production processes. Additionally, exporters should monitor supply chain stability given global economic uncertainties and the potential for substantial shifts in trade dynamics internationally.
Top countries in Export of Yarn of Synthetic Staple Fibres, Containing 85% or More by Weight of Such Fibres Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 34.81 | 2023 | +3.38% | +4.12% | View data |
| 2 | 2 India | 13.32 | 2023 | +3.36% | +4.76% | View data |
| 3 | 3 United States | 12.11 | 2023 | -1.65% | -0.014% | View data |
| 4 | 4 Canada | 6.03 | 2023 | -3.05% | -2.86% | View data |
| 5 | 5 Pakistan | 5.06 | 2023 | +4.32% | +5.55% | View data |
| 6 | 6 Netherlands | 4.82 | 2023 | +3.41% | +5.12% | View data |
| 7 | 7 Serbia | 4.82 | 2023 | +6.75% | +0.91% | View data |
| 8 | 8 Germany | 3.35 | 2023 | -3.97% | -3.06% | View data |
| 9 | 9 Malaysia | 2.32 | 2023 | +6.54% | +0.86% | View data |
| 10 | 10 Macedonia | 2.22 | 2023 | +4.31% | +3.54% | View data |
