World - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 5, 2024

World - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Synthetic Yarn Market

Synthetic yarn market: find newly released information provided by an Ai-driven business intelligence tool. Info provide companies, market size, consumption, exports, market prices, production, trade, and imports. There is a breakdown by country, including Latin America, Africa, China, the Middle East, Russia, EU, the U.K., and the U.S. Market trends and forecast to 2030 are also provided in the dashboards.


Get FREE access to the latest data and statistics on the Synthetic Yarn Market.

Synthetic Yarn - World's Largest Markets

RatingCountry
1India
2Vietnam
3China
4Turkey
5United States

In value terms, the largest synthetic yarn markets worldwide were India, Vietnam and China, with a combined 46% share of the global market. Turkey, the United States, Bangladesh, Brazil, Honduras, Egypt, South Korea and Pakistan lagged somewhat behind, together comprising a further 24%.

Pakistan saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while synthetic yarn market for the other global leaders experienced a decline in the market figures.

Synthetic Yarn Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Indonesia256922911961-12.6%
Vietnam358223352047-24.4%
Thailand280629002335-8.8%
India279326502381-7.7%
China344030802516-14.5%
United States311130742847-4.3%
Turkey496048804730-2.3%
Average350332182907-8.9%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Turkey ($4,730 per ton), while Indonesia ($1,961 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Germany733870836949-2.7%
Cambodia5277550757274.2%
United States4469442747583.2%
Italy486845784566-3.2%
Vietnam345833643293-2.4%
Bangladesh436337083241-13.8%
Turkey293226972549-6.8%
South Korea302128522485-9.3%
Honduras281628532438-7.0%
Egypt251521512240-5.6%
Colombia265723762132-10.4%
Brazil236521971852-11.5%
India238222341827-12.4%
Average354433273121-6.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($6,949 per ton), while India ($1,827 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Cambodia, while the other global leaders experienced mixed trends in the import price figures.

Synthetic Yarn - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Bangladesh0.70.50.4-21.8%
India0.30.30.310.5%
Brazil0.40.40.3-15.7%
Honduras0.40.50.3-21.1%
Turkey0.60.50.3-32.4%

In value terms, Bangladesh ($410M), India ($311M) and Brazil ($301M) were the countries with the highest levels of imports in 2020, together accounting for 19% of global imports. Honduras, Turkey, the United States, South Korea, Italy, Germany, Vietnam, Cambodia, Colombia and Egypt lagged somewhat behind, together comprising a further 38%.

Among the main importing countries, Cambodia saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Synthetic Yarn - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1.52.11.77.6%
Indonesia1.41.20.8-25.6%
India0.70.60.5-18.9%
Turkey0.50.50.5-1.2%
United States0.60.60.4-18.1%

In value terms, China ($1.7B) remains the largest synthetic yarn supplier worldwide, comprising 31% of global exports. The second position in the ranking was occupied by Indonesia ($752M), with a 13% share of global exports. It was followed by India, with a 8.3% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China amounted to +7.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (-25.6% per year) and India (-18.9% per year).

Synthetic Yarn - Market Forecast

Driven by rising demand for synthetic yarn worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Synthetic Yarn - Top Companies

Beijing Jing-Ao Wool Co., Ltd., Yingde Jiaxing Shoe Materials Co., Ltd., TORAY INDUSTRIES,INC., INDORAMA VENTURES PUBLIC COMPANY LIMITED, Shandong Weiqiao Pioneering Group Co., Ltd., Maoming Lvyuan Food Co., Ltd., Shandong Ruyi Technology Group Co., Ltd., JIANGSU GUO TAI INTERNATIONAL GROUP GUO MAO CO., LTD., KOLON INDUSTRIES, INC., WEIQIAO TEXTILE CO., LTD., FUTURIS AUSTRALIA PTY LIMITED, Huafu Fashion Co., Ltd., Shanghai Shenda Co., Ltd., SOCIETE SOFRIP DE RECYCLAGE DE TEXTILE, Parkdale, Incorporated, ALOK INDUSTRIES LIMITED, UNITIKA LTD., HUVIS Corporation, SHINKONG SYNTHETIC FIBERS CORP., PHILIP MORRIS MANUFACTURING & TECHNOLOGY BOLOGNA S.P.A

Synthetic Yarn - Product Coverage

  • HS 5509 - Yarn (other than sewing thread) of synthetic staple fibres, not put up for retail sale
  • HS 5510 - Yarn (other than sewing thread) of artificial staple fibres, not put up for retail sale
  • HS 5511 - Yarn (not sewing thread), of man-made staple fibres, put up for retail sale

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global synthetic yarn market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13108210 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, n.p.r.s.
  • Prodcom 13108250 - Yarn (other than sewing thread) containing . .85 % by weight of synthetic staple fibres, p.r.s.
  • Prodcom 13108320 - Yarn containing < .85 % by weight of polyester staple fibres (other than sewing thread), mixed with artificial fibres, n.p.r.s.
  • Prodcom 13108340 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), mixed with cotton, n.p.r.s.
  • Prodcom 13108380 - Other yarns, containing < .85 % by weight of synthetic staple fibres (other than sewing thread), n.p.r.s., n.e.c.
  • Prodcom 13108390 - Yarn containing < .85 % by weight of synthetic staple fibres (other than sewing thread), p.r.s.
  • Prodcom 131083Z0 - Yarn of synthetic staple fibres mixed with wool, n.p.r.s
  • Prodcom 13108410 - Yarn (other than sewing thread) of artificial staple fibres, n .p.r.s.
  • Prodcom 13108430 - Yarn (other than sewing thread) of artificial staple fibres, p.r.s.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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