The import of yarn of synthetic staple fibers to China is forecasted to decrease from 2024 to 2028, with values moving from 175.91 million USD in 2024 to 142.82 million USD in 2028. This indicates a continuous downward trend. Comparing to 2023, this suggests a consistent decline in demand or increased domestic capability affecting international import requirements.
Year-on-year percentage changes reveal notable decreases. From 2024 to 2025, there is a contraction in imports, followed by similar reductions yearly through 2028. The overall 5-year CAGR suggests a declining average import growth, exacerbating the trend even further.
Future trends to watch include potential shifts in China's domestic production capabilities for synthetic yarn, changes in international trade policies, and fluctuations in global market prices for these materials. Monitoring these factors will provide insights into whether this declining import trend will persist or reverse.
