Yarn of viscose rayon filament market

Yarn of Viscose Rayon Filament - World's Largest Markets

In value terms, China, Pakistan and India appeared to be the countries with the highest levels of market value in 2020, together comprising 55% of the global market. Turkey, South Korea, Italy, Indonesia, Germany, Belarus, Vietnam, the Philippines, Egypt and Bangladesh lagged somewhat behind, together accounting for a further 31%.

In terms of the main consuming countries, Vietnam (+128.7% per year) saw the highest rates of growth with regard to market size, over the period under review, while market of yarn of viscose rayon filament, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) for the other global leaders experienced more modest paces of growth.

Yarn Of Viscose Rayon Filament, Including Monofilament Of Less Than 67 Decitex, Single Prices

Yarn of Viscose Rayon Filament, Including Monofilament of Less Than 67 Decitex, Single - Top Importers

In value terms, the largest yarn of viscose rayon filament, including monofilament of less than 67 decitex, single importing markets worldwide were Pakistan ($116M), India ($115M) and Turkey ($38M), with a combined 59% share of global imports. Italy, South Korea, Germany, Egypt, Bangladesh, Poland, Morocco, Vietnam and the Philippines lagged somewhat behind, together accounting for a further 26%.

In terms of the main importing countries, the Philippines (+106.6% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Yarn of Viscose Rayon Filament, Including Monofilament of Less Than 67 Decitex, Single - Top Exporters

In value terms, China ($296M) remains the largest yarn of viscose rayon filament, including monofilament of less than 67 decitex, single supplier worldwide, comprising 86% of global exports. The second position in the ranking was occupied by India ($14M), with a 4% share of global exports.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled -13.3%. In the other countries, the average annual rates were as follows: India (-28.1% per year) and Poland (-24.4% per year).

Yarn of Viscose Rayon Filament, Including Monofilament of Less Than 67 Decitex, Single - Market Forecast

Driven by increasing demand for yarn of viscose rayon filament, including monofilament of less than 67 decitex, single worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding 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.

Yarn of Viscose Rayon Filament - Product Coverage

• HS 540331 - Yarn; (not sewing thread), single, of viscose rayon, (including artificial monofilament of less than 67 decitex), untwisted or with a twist not exceeding 120 turns per metre, not for retail sale, not textured, not high tenacity
• HS 540332 - Yarn; (not sewing thread), single, of viscose rayon, (including artificial monofilament of less than 67 decitex), with a twist exceeding 120 turns per metre, not for retail sale, not textured, not high tenacity