India leads the market for the export of multiple or cabled polyester yarn with a significant volume of 47.524 million kilograms, showcasing a steady growth of 4.61% in 2023. China follows with 33.597 million kilograms and a growth rate of 4.32%. Notably, Malaysia has shown impressive growth of 9.54%, and Singapore exhibited an 80.85% increase in exports, although from a much smaller base. Countries such as Brazil and Thailand have also shown resilience with growth rates exceeding 5%. In contrast, Japan and several European countries faced stagnation or decline, with Switzerland's export dropping drastically by 19.36%.
Future trends to watch include further expansions in the Asian markets, particularly Malaysia and Indonesia, as they continue to capitalize on growing global demand. The U.S. and European nations could face challenges if current trends persist, requiring innovation and competitive repositioning. Emerging economies may also play increasingly significant roles as export hubs as they improve infrastructure and production capabilities.
Top countries in Export of Multiple (Folded) or Cabled Polyester Yarn by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 47,524,000 | 2023 | +4.73% | +4.61% | View data |
| 2 | 2 China | 33,597,000 | 2023 | +3.68% | +4.32% | View data |
| 3 | 3 South Korea | 4,068,000 | 2023 | +3.81% | +1.34% | View data |
| 4 | 4 Thailand | 2,894,100 | 2023 | +3.91% | +5.43% | View data |
| 5 | 5 Malaysia | 2,803,200 | 2023 | +5.46% | +9.54% | View data |
| 6 | 6 Indonesia | 1,204,500 | 2023 | +3.64% | +5.66% | View data |
| 7 | 7 Japan | 1,177,500 | 2023 | -1.75% | -0.089% | View data |
| 8 | 8 Hungary | 1,168,800 | 2023 | +3.6% | +4% | View data |
| 9 | 9 United States | 1,128,700 | 2023 | +0.43% | -0.75% | View data |
| 10 | 10 Italy | 989,060 | 2023 | +0.53% | +0.38% | View data |
