Yarn, synthetic: filament, monofilament (less than 67 decitex), other than high tenacity or textured yarn, single, twisted more than 50 turns 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, twisted more than 50 turns per metre, n.e.c. in heading no. 5402, not for retail sale, not sewing thread trade exhibited modest growth, with global flows reaching $68,357,187 and a three-year compound annual growth rate of +2.6% (five-year: +5.6%). The all-time peak of $89,316,968 was recorded in 1998; the current level is 23% below that high-water mark.

Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.0% acceleration).

The World Trade Flows Characterization classifies yarn, synthetic: filament, monofilament (less than 67 decitex), other than high tenacity or textured yarn, single, twisted more than 50 turns 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 diversified (Herfindahl-Hirschman Index 0.149). The three largest exporters — China ($20.7M), United States ($11.7M), and Japan ($10.8M) — collectively dominate supply flows. The leading exporter has grown at +12.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.056). The three largest import markets are China ($10.1M), United States ($8.2M), and Türkiye ($4.3M). The largest importing market sources from 14 different supplying countries.

Estimated substitution elasticity: -14.83. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is United States → China at $7.1M, representing 70.8% 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, twisted more than 50 turns per metre, n.e.c. in heading no. 5402, not for retail sale, not sewing thread is 3 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, modest but steady demand provides a reasonable entry window. 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.