Market movement
In 2024, monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm trade exhibited slight decline, with global flows reaching $25,493,263 and a three-year compound annual growth rate of -0.4% (five-year: +5.4%). The all-time peak of $36,795,096 was recorded in 2008; the current level is 31% 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 steady (+0.5% acceleration).
The World Trade Flows Characterization classifies monofilament, synthetic: of 67 decitex or more and of which no cross-sectional dimension exceeds 1mm, strip and the like (eg artificial straw), of synthetic textile materials with width not over 5mm as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
