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During the period analyzed, Synthetic Yarn imports reached a peak of 200K tons in 2013. However, from 2014 to 2023, imports were unable to recover momentum. In terms of value, Synthetic Yarn imports saw a significant decline, falling to $344M in 2023.
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.
Imports of Synthetic Yarn peaked at 200K tons in 2013; however, from 2014 to 2023, they failed to regain momentum. In value terms, Synthetic Yarn imports fell dramatically to $344M in 2023.
In March 2023, Synthetic Yarn exports saw a rapid growth of 28% compared to the previous month. However, by December 2023, the value of synthetic yarn exports decreased to $53M.
During the reviewed period, there was a significant decrease in imports. Synthetic yarn imports reached a value of $9.6M in September 2023.
In March 2023, the rate of growth for Synthetic Yarn skyrocketed by 28% compared to the previous month. By September 2023, the value of synthetic yarn exports reached a staggering $63 million.
The price of Synthetic Yarn in the United Kingdom stood at $8,289 per ton (CIF) in June 2023, experiencing a decrease of -1.5% compared to the previous month.
As of July 2023, the cost of Synthetic Yarn is $2,585 per ton (FOB, Thailand), representing a 7.3% decrease compared to the previous month.
Synthetic Yarn exports reached a staggering $46 million in value in May 2023.
In value terms, synthetic yarn exports reduced to $217M in April 2023.
In January 2023, synthetic yarn prices remained stable at $7,862/ton (CIF, Poland).
In September 2022, the synthetic yarn price stood at $3,231 per ton (FOB, India), with a decrease of -4.5% against the previous month.