July 13, 2024
Export

China’s Polyester Exports Cross 10,000 Kilo Tons In 2023

China’s exports of polyester raw materials like PSF, PFY, PET fibre chip, PET bottle chip and BOPET have crossed the landmark of 10,000 kilo tons in any year for the first time in 2023.

“Overall polyester overseas shipments touched 11,160 kilo tons in 2023, an increase of 13 percent or 1,280 kilo tons over its earlier year.

Data from Chinese Customs revealed that PFY exports reported the highest growth amongst all polyester raw materials, led by a sharp increase in exports to India.

In 2023, PFY exports grew by 680 kilo tons and PSF exports rose by 210 kilo tons over its previous year.

PFY exports to India climbed by a massive 227 kilo tons, accounting for one-third of the total growth in China’s PFY exports.

In the year under review, PSF exports to Vietnam, Turkey, Pakistan, Bangladesh and Poland soared and exceeded 10,000 tons.

PET bottle chips exports grew by 240 kilo tons over 2022, but PET fibre chips and BOPET exports remained almost stable.

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