Nylon filament exports sharply fluctuated under the impact of the pandemic

When the COVID-19 pandemic broke out in 2020, the supply and demand of nylon industry were both impacted globally, and the year-on-year decline in nylon filament exports was the most obvious. In 2021, the production and sales gradually recovered as people were getting used to the pandemic, and China’s production of nylon filament was almost not influenced by the pandemic. With the obvious cost advantage, substantial growth was witnessed in nylon filament exports.

During January-October 2021, the accumulated exports for nylon 6 filament (HS code 54023111 & 54024510) increased by more than 30% year-on-year. Even compared with the same period in 2019 when there was no pandemic influence, the export of nylon 6 DTY (HS code 54023111) increased by 34.5%, but the growth of nylon 6 non-elastic filaments POY, FDY and HOY (HS code 54024510) was only 2.5%.