Yarn, synthetic: filament, monofilament (less than 67 decitex), other than high tenacity or textured yarn, single, untwisted or twisted 50 turns or less per metre, n.e.c. in heading no. 5402, not for retail sale, not sewing thread

In 2024, yarn, synthetic: filament, monofilament (less than 67 decitex), other than high tenacity or textured yarn, single, untwisted or twisted 50 turns or less per metre, n.e.c. in heading no. 5402, not for retail sale, not sewing thread trade exhibited slight decline, with global flows reaching $693,541,403 and a three-year compound annual growth rate of -4.1% (five-year: -1.4%). The all-time peak of $1,369,024,422 was recorded in 2004; the current level is 49% below that high-water mark.

Over the 30-year observation window (1995–2024), 52% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-3.5% acceleration).

The World Trade Flows Characterization classifies yarn, synthetic: filament, monofilament (less than 67 decitex), other than high tenacity or textured yarn, single, untwisted or twisted 50 turns or less per metre, n.e.c. in heading no. 5402, not for retail sale, not sewing thread as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.178). The three largest exporters — China ($217.7M), Japan ($153.0M), and Netherlands ($90.5M) — collectively dominate supply flows. The leading exporter has grown at +3.7% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.041). The three largest import markets are Germany ($73.4M), South Korea ($51.6M), and United States ($40.8M). The largest importing market sources from 37 different supplying countries.

Estimated substitution elasticity: -17.84. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Japan → Germany at $36.2M, representing 49.3% of the importer's total demand.

The volatility score for yarn, synthetic: filament, monofilament (less than 67 decitex), other than high tenacity or textured yarn, single, untwisted or twisted 50 turns or less per metre, n.e.c. in heading no. 5402, not for retail sale, not sewing thread is 4 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. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

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