China - Yarn Of Synthetic Or Artificial Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSynthetic Yarn Price in China - 2023
Contents:
- Synthetic Yarn Price in China (FOB) - 2023
- Synthetic Yarn Price in China (CIF) - 2023
- Synthetic Yarn Exports in China
- Synthetic Yarn Imports in China
Synthetic Yarn Price in China (FOB) - 2023
In August 2023, the average synthetic yarn export price amounted to $2,495 per ton, remaining constant against the previous month. In general, the export price saw a mild shrinkage. The growth pace was the most rapid in January 2023 when the average export price increased by 8.7% m-o-m. Over the period under review, the average export prices reached the peak figure at $3,123 per ton in March 2023; however, from April 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($4,099 per ton), while the average price for exports to Jordan ($1,383 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (-0.2%), while the prices for the other major destinations experienced a decline.
Synthetic Yarn Price in China (CIF) - 2023
In September 2023, the average synthetic yarn import price amounted to $3,789 per ton, approximately mirroring the previous month. Overall, the import price recorded a pronounced decrease. The pace of growth appeared the most rapid in August 2023 an increase of 7.6% m-o-m. The import price peaked at $6,492 per ton in October 2022; however, from November 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($7,725 per ton), while the price for Cambodia ($774 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+0.6%), while the prices for the other major suppliers experienced a decline.
Synthetic Yarn Exports in China
In 2022, exports of yarn of synthetic or artificial staple fibers from China expanded notably to 851K tons, with an increase of 13% on the previous year's figure. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, synthetic yarn exports stood at $2.7B in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Synthetic Yarn in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 541 | 378 | 619 | 661 | 6.9% |
| India | 122 | 172 | 241 | 297 | 34.5% |
| Brazil | 129 | 126 | 166 | 238 | 22.6% |
| Egypt | 156 | 137 | 174 | 222 | 12.5% |
| Vietnam | 192 | 153 | 213 | 197 | 0.9% |
| South Korea | 82.8 | 68.1 | 92.1 | 85.7 | 1.2% |
| Cambodia | 69.6 | 59.5 | 65.1 | 73.7 | 1.9% |
| Pakistan | 58.1 | 52.5 | 83.9 | 66.3 | 4.5% |
| Mexico | 32.5 | 24.9 | 39.3 | 59.1 | 22.1% |
| Indonesia | 48.4 | 30.1 | 37.0 | 58.4 | 6.5% |
| Turkey | 22.0 | 19.5 | 38.3 | 53.3 | 34.3% |
| Jordan | 1.1 | 0.6 | 11.1 | 26.0 | 187.0% |
| Iran | 54.3 | 19.1 | 13.8 | 20.4 | -27.8% |
| Others | 607 | 495 | 595 | 622 | 0.8% |
| Total | 2,116 | 1,735 | 2,389 | 2,680 | 8.2% |
Top Export Markets for Synthetic Yarn from China in 2022:
- Bangladesh (161.1K tons)
- Brazil (112.6K tons)
- India (111.8K tons)
- Egypt (105.6K tons)
- Vietnam (54.7K tons)
- Mexico (23.4K tons)
- Indonesia (20.6K tons)
- Pakistan (20.2K tons)
- South Korea (19.1K tons)
- Turkey (15.5K tons)
- Cambodia (14.8K tons)
- Jordan (14.3K tons)
- Iran (8.8K tons)
Synthetic Yarn Imports in China
In 2022, purchases abroad of yarn of synthetic or artificial staple fibers was finally on the rise to reach 19K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a sharp decline.
In value terms, synthetic yarn imports surged to $95M in 2022. Over the period under review, imports, however, continue to indicate a abrupt contraction.
| Import of Synthetic Yarn in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 52.7 | 19.3 | 23.5 | 34.1 | -13.5% |
| Vietnam | 67.0 | 26.9 | 15.5 | 27.0 | -26.1% |
| Japan | 10.4 | 7.0 | 6.5 | 7.3 | -11.1% |
| Italy | 12.9 | 5.9 | 5.5 | 6.3 | -21.3% |
| India | 2.7 | 2.0 | 3.4 | 5.1 | 23.6% |
| South Korea | 6.3 | 1.4 | 2.0 | 3.5 | -17.8% |
| Cambodia | 0.1 | 1.4 | 1.5 | 2.1 | 175.9% |
| Taiwan (Chinese) | 16.2 | N/A | N/A | N/A | 0% |
| Others | 12.6 | 8.4 | 11.2 | 9.9 | -7.7% |
| Total | 181 | 72.3 | 69.3 | 95.4 | -19.2% |
Top Suppliers of Synthetic Yarn to China in 2022:
- Indonesia (6.6K tons)
- Vietnam (5.8K tons)
- Cambodia (2.5K tons)
- India (1.0K tons)
- Japan (0.6K tons)
- South Korea (0.4K tons)
- Italy (0.3K tons)
This report provides an in-depth analysis of the synthetic yarn market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the synthetic yarn market in China.
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This report provides an in-depth analysis of the global synthetic yarn market.
514
This report provides an in-depth analysis of the synthetic yarn market in China.
1273
This report provides an in-depth analysis of the global synthetic yarn market.
430
In value terms, synthetic yarn exports reduced to $217M in April 2023.
79
Explore the top import markets for synthetic yarn based on data from IndexBox. Discover the key players and growth opportunities in the global synthetic yarn market.
690
In value terms, synthetic monofilament imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consis...
1141
In value terms, synthetic monofilament exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern...
1415
In 2016, the amount of synthetic yarn imported worldwide amounted to X tons, falling by -X% against the previous year level. Overall, synthetic yarn imports continue to indicate a relatively fl...
838
In 2016, the amount of synthetic yarn imported worldwide amounted to X tons, falling by -X% against the previous year level. Overall, synthetic yarn imports continue to indicate a relatively fl...
430
In value terms, synthetic yarn exports reduced to $217M in April 2023.
79
Explore the top import markets for synthetic yarn based on data from IndexBox. Discover the key players and growth opportunities in the global synthetic yarn market.
690
In value terms, synthetic monofilament imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consis...
1141
In value terms, synthetic monofilament exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern...
