The United States leads the global import market for tyre cord fabric of high tenacity polyester yarn, accounting for a substantial share, followed by Thailand and Japan. Many European countries like Germany, Poland, and Hungary also contribute significantly. Notably, emerging economies such as India, Indonesia, and Brazil show increasing trends. Some countries, particularly from Asia and Africa, experienced a decline, notably China with a drop of 11.57%. The UK's share decreased by 7.99%, while European countries like Croatia and Bosnia saw remarkable growth and decline, respectively, over the last year.
Trends to watch include the rising demand from countries like Poland and Luxembourg, showing consistent year-on-year growth. Developments in automotive manufacturing capabilities, sustainability trends, and evolving trade policies could influence future shares in this market. Countries with recent growth may continue to expand, potentially altering the existing hierarchy of import shares.
Top countries in Import of Tyre Cord Fabric of High Tenacity Polyester Yarn Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 19.74 | 2023 | +2.84% | +2.47% | View data |
| 2 | 2 Thailand | 10.01 | 2023 | +3.66% | +3.92% | View data |
| 3 | 3 Japan | 9.33 | 2023 | +2.31% | +2.6% | View data |
| 4 | 4 India | 4.37 | 2023 | +3.71% | +3.41% | View data |
| 5 | 5 Poland | 4.28 | 2023 | +3.09% | +4.53% | View data |
| 6 | 6 South Korea | 4.15 | 2023 | -0.27% | -0.99% | View data |
| 7 | 7 Germany | 3.77 | 2023 | -0.37% | -1.03% | View data |
| 8 | 8 Russia | 3.51 | 2023 | +3.19% | +3.62% | View data |
| 9 | 9 Indonesia | 3.44 | 2023 | +3.09% | +3.04% | View data |
| 10 | 10 Hungary | 3.13 | 2023 | +3.52% | +2.96% | View data |
