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China’s polyester yarn exports increase 118% Y-o-Y in FY 2021-22

  

China’s polyester/rayon yarn exports increased 118 per cent Y-o-Y to 6,067mt in FY 2021-22. However, it declined 4.4 per cent M-o-M. From January-June, polyester/rayon yarn exports increased 74.12 per cent to 29.14kt from that in the same period of 2021.

Brazil, India and Turkey emerged the top three exporters in the first half of 2022. They exported polyester/rayon yarn worth 1,054mt, 5,816mt and 4019mt in H1 2022 with shares of 38 per cent, 20 per cent and 14 per cent respectively. Compared with the same period in 2021, exports to Brazil increased by 171.7 per cent Y-o-Y on the year and that to India rose by 133.4 per cent. Since October 2021, Turkey has replaced Vietnam and moved up into the top three. In terms of the origin, Jiangsu, Shandong and Zhejiang were still the top three export destinations o with shares changing little.

Exports of polyester/rayon yarn from Jiangsu increased 73.06 per cent with a volume of 17.5kt in H1 2022 from that in H1 2021, that from Shandong rose by 52.8 per cent and that from Zhejiang climbed up by 38.3 per cent.

 
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