Top Ten Data Concerns of Polyester Filament in China in 2022

Focus:

1. In 2022, China's polyester production capacity will continue to expand at a high speed, but the growth rate will gradually slow down, and the year-on-year growth rate is expected to be around 7.8%;

2. Under the low base effect in 2021, the growth rate of output will pick up obviously, and the annual year-on-year growth rate is expected to exceed 10%;

3. The export volume is expected to continue the growth trend in 2022, with a total export volume of nearly 3 million tons, up 6.4% year on year.

4. Overall poor performance of demand, dragging down consumption growth;

5. The contradiction between supply and demand of polyester filament yarn is prominent, and the inventory is expected to increase in 2022, reaching nearly 2.5 million tons at the end of the year;

6. The periodical promotion mode is obvious, and the differentiation of production and marketing is intensified;

7. Under the long-short game, the price of polyester filament yarn in 2022 is still in the repair period, and the year-on-year increase is expected to be around 2%.

8. The number of loading machines increased significantly, and POY profits improved substantially;

9. In 2022, the number of looms will continue to grow, with an expected increase of more than 10%, and the growth rate will slow down;

10. In 2021, China's textile garment export will continue to grow, but the export power will gradually weaken.