Yarn, synthetic: filament, monofilament (less than 67 decitex), of polypropylene (not high tenacity or textured), 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), of polypropylene (not high tenacity or textured), single, untwisted or twisted 50 turns or less per metre, not for retail sale, not sewing thread trade exhibited slight decline, with global flows reaching $132,378,804 and a three-year compound annual growth rate of -4.3% (five-year: +3.1%). The all-time peak of $351,579,410 was recorded in 2004; the current level is 62% 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 (-3.7% acceleration).

The supply side is diversified (Herfindahl-Hirschman Index 0.122). The three largest exporters — China ($38.2M), South Korea ($20.7M), and Türkiye ($15.8M) — collectively dominate supply flows. The leading exporter has grown at +2.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.034). The three largest import markets are United States ($10.0M), Belgium ($9.5M), and Mexico ($8.1M). The largest importing market sources from 20 different supplying countries.

Estimated substitution elasticity: -14.17. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Türkiye → Belgium at $7.1M, representing 75.2% of the importer's total demand.

The volatility score for yarn, synthetic: filament, monofilament (less than 67 decitex), of polypropylene (not high tenacity or textured), single, untwisted or twisted 50 turns or less per metre, not for retail sale, not sewing thread is 5 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 diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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