Filament yarn of cellulose acetate market
Filament Yarn of Cellulose Acetate - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | South Korea |
| 3 | Spain |
| 4 | United States |
| 5 | Nigeria |
In value terms, China, South Korea and Spain constituted the countries with the highest levels of market value in 2020, together comprising 50% of the global market.
China (+52.4% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while market of filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) for the other global leaders experienced more modest paces of growth.
Filament Yarn Of Cellulose Acetate, Including Monofilament Of Less Than 67 Decitex, Single (Excluding Sewing Thread And High-Tenacity Yarn) Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 6222 | 5733 | 3740 | -22.5% |
| Belgium | 5737 | 5050 | 4794 | -8.6% |
| Netherlands | 4530 | 4332 | 4839 | 3.4% |
| Lithuania | 5918 | 5267 | 5247 | -5.8% |
| Spain | 7480 | 6463 | 7193 | -1.9% |
| Japan | 8434 | 8823 | 9230 | 4.6% |
| Average | 6119 | 5710 | 4319 | -16.0% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($9,230 per ton), while the United States ($3,740 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Ukraine | 6857 | 6556 | 5890 | -7.3% |
| Japan | 5634 | 5857 | 5866 | 2.0% |
| Russia | 5840 | 5363 | 5346 | -4.3% |
| South Korea | 6033 | 5113 | 5194 | -7.2% |
| United Arab Emirates | 6060 | 5046 | 4845 | -10.6% |
| China | 6420 | 5300 | 4787 | -13.6% |
| Belarus | 5194 | 4764 | 4763 | -4.2% |
| Nigeria | 5521 | 4135 | 4691 | -7.8% |
| Italy | 6248 | 5608 | 4600 | -14.2% |
| Uzbekistan | 4708 | 4817 | 4599 | -1.2% |
| Netherlands | 6055 | 5490 | 4575 | -13.1% |
| Average | 6144 | 5326 | 5023 | -9.6% |
Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Ukraine ($5,890 per ton) and Japan ($5,866 per ton), while the Netherlands ($4,575 per ton) and Uzbekistan ($4,599 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced a decline in the import price figures.
Filament Yarn of Cellulose Acetate, Including Monofilament of Less Than 67 Decitex, Single (Excluding Sewing Thread and High-Tenacity Yarn) - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 25 | 68 | 55 | 48.5% |
| South Korea | 38 | 48 | 33 | -5.8% |
| Nigeria | 14 | 13 | 17 | 9.7% |
| Italy | 22 | 21 | 15 | -16.5% |
| Russia | 12 | 10 | 12 | -1.2% |
In value terms, the largest filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) importing markets worldwide were China ($55M), South Korea ($33M) and Nigeria ($17M), together accounting for 57% of global imports. Italy, Russia, Uzbekistan, the United Arab Emirates, Belarus, Ukraine, Japan and the Netherlands lagged somewhat behind, together accounting for a further 30%.
The United Arab Emirates (+2,832.0% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Filament Yarn of Cellulose Acetate, Including Monofilament of Less Than 67 Decitex, Single (Excluding Sewing Thread and High-Tenacity Yarn) - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 91 | 109 | 74 | -9.9% |
| Belgium | 4.6 | 7.4 | 10 | 49.7% |
| Lithuania | 15 | 9.7 | 10 | -17.8% |
| Spain | 13 | 14 | 7.4 | -25.2% |
| Netherlands | 14 | 6 | 5 | -39.0% |
In value terms, the United States ($74M) remains the largest filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) supplier worldwide, comprising 63% of global exports. The second position in the ranking was occupied by Belgium ($10M), with a 8.7% share of global exports. It was followed by Lithuania, with a 8.7% share.
From 2018 to 2020, the average annual growth rate of value in the United States stood at -9.9%. In the other countries, the average annual rates were as follows: Belgium (+49.7% per year) and Lithuania (-17.8% per year).
Filament Yarn of Cellulose Acetate, Including Monofilament of Less Than 67 Decitex, Single (Excluding Sewing Thread and High-Tenacity Yarn) - Market Forecast
Driven by rising demand for filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Filament Yarn of Cellulose Acetate - Product Coverage
- HS 540333 - Yarn; (not sewing thread), single, of cellulose acetate, (including artificial monofilament of less than 67 decitex), not for retail sale, not textured, not high tenacity
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