In 2023, Germany led the global export of plastic monofilaments with a substantial share, followed by China and the United States. The top five countries dominated the market, with Germany alone accounting for more than 32% of the global market share. Notable increases in export value were observed in China, Slovakia, and Brazil. In contrast, Belgium, Austria, and some smaller economies faced declines. The compound annual growth rate over the past five years has been modest, indicating stable demand.
Future trends to watch include China's potential to strengthen its position given its recent growth rate, and emerging markets like India and Brazil, which are showing promising increases. Sustainable practices might influence future trade dynamics due to global environmental concerns.
Top countries in Export of Plastic Monofilament Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.16 | 2023 | +1.05% | +0.75% | View data |
| 2 | 2 China | 10.88 | 2023 | +3.84% | +3.89% | View data |
| 3 | 3 United States | 8.59 | 2023 | +3.17% | +2.5% | View data |
| 4 | 4 Canada | 6.43 | 2023 | +2.77% | +2.27% | View data |
| 5 | 5 Poland | 5.65 | 2023 | +2.61% | +2.1% | View data |
| 6 | 6 Belgium | 4.93 | 2023 | -0.14% | -0.84% | View data |
| 7 | 7 Italy | 3.47 | 2023 | +1.71% | +1.61% | View data |
| 8 | 8 United Kingdom | 2.74 | 2023 | +0.75% | +0.75% | View data |
| 9 | 9 Netherlands | 2.18 | 2023 | +2.29% | +2.14% | View data |
| 10 | 10 Austria | 2.04 | 2023 | -0.62% | -1.83% | View data |
