Japan's import of single polyester yarn with a twist exceeding 50 turns per metre is experiencing a steady decline. The forecasted volume in 2024 is 233.07 thousand kilograms, marking a consistent year-on-year decrease of approximately 2-2.5% through 2028. This trend highlights a slowing demand or potential shifts in the global yarn market. As of 2023, data indicated a slightly higher baseline, underscoring this downward trend. Notwithstanding the consistent decline, the compound annual growth rate over the five years suggests a gradual contraction around 2% annually, signifying a significant industry adjustment.
Future trends to watch include:
- Global changes in fashion industry demands and textile innovations.
- Technological advancements that might affect production efficiency or yarn alternatives.
- Economic policies affecting trade relationships between Japan and key polyester yarn producers.
- Sustainability trends driving shifts towards eco-friendly textile alternatives.