In 2023, China dominated the global export market for sewing thread of synthetic staple fibers, accounting for the majority of volume exported. Key variations included a decline in China's exports by 2.34% and significant growth from smaller players like Belarus at 9.63% and Chile at 176.95%. While major exporters like the United States and Belgium saw steep declines, with the U.S. facing a significant 30.68% drop. Several European countries such as the Czech Republic and Romania saw modest year-on-year increases.
Future trends to watch include a potential recovery in U.S. exports, shifts in Asian markets such as China and South Korea, which may impact supply chain dynamics, and ongoing growth in emerging exporters like Belarus and Chile, indicating diversification in the global market.
Top countries in Export of Sewing Thread of Synthetic Staple Fibres by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 91,970,000 | 2023 | -2.51% | -2.34% | View data |
| 2 | 2 Czech Republic | 9,389,300 | 2023 | +6.64% | +1.81% | View data |
| 3 | 3 India | 1,748,600 | 2023 | +2.4% | +1.16% | View data |
| 4 | 4 Indonesia | 1,461,400 | 2023 | -6.67% | -6.82% | View data |
| 5 | 5 Germany | 1,358,100 | 2023 | -0.053% | -0.87% | View data |
| 6 | 6 Belarus | 1,348,900 | 2023 | +5.42% | +9.63% | View data |
| 7 | 7 South Korea | 1,312,500 | 2023 | -17.22% | -12.48% | View data |
| 8 | 8 Egypt | 1,236,200 | 2023 | +0.086% | +5.65% | View data |
| 9 | 9 Romania | 1,060,900 | 2023 | +2.63% | +3.21% | View data |
| 10 | 10 Israel | 933,110 | 2023 | +1.75% | +6.25% | View data |
