The import of textured polyester yarn to China is projected to decline steadily from 22.979 million kilograms in 2024 to 13.759 million kilograms by 2028. This represents a significant decrease over the five-year period, with a Compound Annual Growth Rate (CAGR) of approximately -9.53%. In comparison to actual data from previous years, this downward trend reflects a substantial reduction from 2023 levels, indicating a potential shift in market dynamics or domestic production increases.
Future trends to watch for include:
- Changes in domestic production capabilities which could further reduce dependency on imports.
- Economic policies affecting the textile industry and international trade agreements.
- Technological advancements in textile production that could alter the demand for foreign yarn.