Forecast: Import of Filament Tow of Polyesters to China

In 2023, China's import of filament tow of polyesters stood at a stable level but is forecasted to decline sharply over the next five years. The projected figures for 2024 to 2028 show a continuous decrease, signaling a substantial change in the trend. From 2024 to 2025, there's a 19% decrease, followed by 22.9% from 2025 to 2026, 29.1% from 2026 to 2027, and a notable drop of 40.2% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to be -27.5%, reflecting a significant contraction.

Future trends to watch for:

  • Potential shifts in domestic polyester production capacities could further impact import needs.
  • Changes in global trade dynamics and tariffs may influence future import strategies.
  • Emerging environmental regulations and sustainable practices may alter the demand and supply chain landscape.

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