Which Country Exports the Most Synthetic Filament Tow and Staple Fibers in the World?

Man-Made Fibres May 28, 2018
Author: Anna Sergeeva
Market Analyst

Global synthetic filament tow exports amounted to 291K tonnes in 2016, leveling off at the previous year level. In general, synthetic filament tow exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when export increased by 18% from the previous year level. In that year, global synthetic filament tow exports attained its maximum volume of 314K tonnes. From 2011 to 2016, growth of global synthetic filament tow exports failed to regain its strength.

In value terms, synthetic filament tow exports stood at $1.1B in 2016. In general, synthetic filament tow exports continue to indicate a relatively flat trend pattern. Global synthetic filament tow export peaked of $1.6B in 2011; however, from 2012 to 2016, it failed to regain its strength.

Top Synthetic Filament Tow Exporting Countries in the World

1. Japan (326.9 million USD)

2. Thailand (81.6 million USD)

3. South Korea (76.0 million USD)

4. China (67.4 million USD)

5. USA (65.3 million USD)

6. Portugal (60.4 million USD)

7. Belarus (41.0 million USD)

8. India (18.5 million USD)

Synthetic Filament Tow Exports By Country

Japan (71K tonnes), and Thailand (50K tonnes) were the major exporters of synthetic filament tow in 2016, reaching near 25%, and 17% of total exports, respectively. China (32K tonnes) ranks second globally in synthetic filament tow exports with a 11% share, following Portugal (10%), South Korea (9%), and Belarus (9%). India (12K tonnes), and the U.S. (6.9K tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of synthetic filament tow exports, among the main exporting countries, was attained by India (+28.8% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Japan ($327M) remains the largest synthetic filament tow supplier in the world, making up 29% of global exports. The second position in the ranking was occupied by Thailand ($82M), with the share of 7% of global exports. It was followed by South Korea, with the share of 7%.

In Japan, synthetic filament tow exports expanded at an average annual rate of +3.9% over the period from 2007-2016. The remaining exporting countries recorded the following average annual rates: Thailand (+3.6% per year) and South Korea (+1.8% per year).

Synthetic Filament Tow Export Prices By Country

In 2016, the average export price for synthetic filament tow amounted to $3,846 per tonne, declining by -10.5% against the previous year. Overall, synthetic filament tow export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when export increased by 21% against the previous year level. Over the period under review, average synthetic filament tow export price attained its maximum level of $5,220 per tonne in 2011; however, from 2012 to 2016, it failed to regain its strength.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was the U.S. ($9,503 per tonne), while Belarus ($1,578 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of synthetic filament tow export prices was attained by South Korea (+2.8% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global synthetic filament tow market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • synthetic filament tow market share
  • synthetic filament tow prices
  • synthetic filament tow industry
  • synthetic filament tow sales
  • synthetic filament tow import
  • synthetic filament tow export
  • synthetic filament tow market forecast
  • synthetic filament tow price forecast
  • key synthetic filament tow producers

All data provided in this article covers the following product: HS Code 5501 - Synthetic filament tow.

Source: World: Synthetic Filament Tow And Staple Fibers, Not Carded Or Combed - Market Report. Analysis and Forecast to 2025