In 2023, Japan held the largest share in the global export of filament tow of acrylic or modacrylic with a market value of 39.71 million USD, reflecting a year-on-year growth of 2.97%. Thailand and Malaysia followed with 13.29 million USD and 10.12 million USD respectively, both demonstrating positive growth. Notably, China's exports increased by 8.7%, while Portugal and Belarus experienced declines. Emerging countries like India showed modest growth, and substantial growth was observed in Poland's exports, suggesting shifting dynamics in Eastern Europe.
Future trends to watch include the increasing role of Asian countries in global exports, heightened competition among traditionally dominant nations, and potential market volatility due to geopolitical tensions and regulatory changes. Sustainability efforts and technological advancements could also impact production efficiency and cost structures, influencing global share distributions.
Top countries in Export of Filament Tow of Acrylic or Modacrylic Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 39.71 | 2023 | +2.04% | +2.97% | View data |
| 2 | 2 Thailand | 13.29 | 2023 | +2.14% | +2.26% | View data |
| 3 | 3 Malaysia | 10.12 | 2023 | +6.36% | +5.27% | View data |
| 4 | 4 Portugal | 9.22 | 2023 | +0.79% | -0.29% | View data |
| 5 | 5 South Korea | 8.74 | 2023 | +2.04% | +0.82% | View data |
| 6 | 6 Belarus | 4.51 | 2023 | -2.31% | -3.47% | View data |
| 7 | 7 China | 4.39 | 2023 | +4.18% | +8.7% | View data |
| 8 | 8 Spain | 3.97 | 2023 | +3.66% | +0.31% | View data |
| 9 | 9 India | 1.78 | 2023 | +1.28% | +1.72% | View data |
| 10 | 10 Peru | 1.57 | 2023 | -1.62% | -3.32% | View data |
