Market movement
In 2024, fibres: synthetic staple fibres, of polypropylene, carded, combed or otherwise processed for spinning trade exhibited significant decline, with global flows reaching $9,050,226 and a three-year compound annual growth rate of -2.5% (five-year: +10.7%). The all-time peak of $12,786,913 was recorded in 2022; the current level is 29% below that high-water mark.
Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-11.3% acceleration).
