Yarn, synthetic: filament, monofilament (less than 67 decitex), polyesters (not high tenacity or textured), not partially oriented, single, untwisted or twisted 50 turns or less per metre, not for retail sale, not sewing thread

In 2024, yarn, synthetic: filament, monofilament (less than 67 decitex), polyesters (not high tenacity or textured), not partially oriented, single, untwisted or twisted 50 turns or less per metre, not for retail sale, not sewing thread trade exhibited significant decline, with global flows reaching $1,301,824,007 and a three-year compound annual growth rate of -3.6% (five-year: -0.5%). The all-time peak of $1,533,898,004 was recorded in 2022; the current level is 15% below that high-water mark.

Over the 30-year observation window (1995–2024), 45% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is decelerating (-3.6% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.380). The three largest exporters — China ($776.0M), South Korea ($163.1M), and Indonesia ($91.6M) — collectively dominate supply flows. The leading exporter has grown at +2.5% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.073). The three largest import markets are Egypt ($180.6M), Vietnam ($153.9M), and Türkiye ($151.1M). The largest importing market sources from 17 different supplying countries.

Estimated substitution elasticity: -14.67. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is China → Egypt at $160.6M, representing 88.9% of the importer's total demand.

The volatility score for yarn, synthetic: filament, monofilament (less than 67 decitex), polyesters (not high tenacity or textured), not partially oriented, single, untwisted or twisted 50 turns or less per metre, not for retail sale, not sewing thread is 7 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.