Market movement
In 2024, yarn, synthetic: filament, monofilament (less than 67 decitex), of polypropylene, other than high tenacity or textured yarn, multiple (folded) or cabled, not for retail sale, not sewing thread trade exhibited slight decline, with global flows reaching $282,899,689 and a three-year compound annual growth rate of -11.5% (five-year: -3.2%). The all-time peak of $407,664,387 was recorded in 2021; the current level is 31% below that high-water mark.
Over the 30-year observation window (1995–2024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-11.8% acceleration).
