In Q1 2025, the North American Polyester Staple Fiber (PSF) market exhibited a bearish price trend, despite an initial upward movement in January and February. In January, PSF prices surged, driven by strong demand from key sectors like textiles and home furnishings, alongside rising import prices due to anticipated US port strikes and logistical challenges. This momentum continued into February, supported by rising production costs and tight supply conditions.

United States - Producer Price Index by Commodity: Textile Products and Apparel: Polyester Manufactured Fibers was 126.69400 Index Jun 2011=100 in May of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Textile Products and Apparel: Polyester Manufactured Fibers reached a record high of 126.69400 in May of 2022 and a record low of 74.50000 in November of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Textile Products and Apparel: Polyester Manufactured Fibers - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Producer Price Index by Commodity: Textile Products and Apparel: Polyester Manufactured Fibers (WPU0315040147) from Jun 2011 to May 2025 about fiber, textiles, apparel, production, commodities, manufacturing, PPI, price index, indexes, price, and USA.

Get the latest insights on price movement and trend analysis of Polyester (DTY) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The global polyester fiber market had a value of over 100 billion U.S. dollars in 2018. While it decreased to 91.7 billion dollars in 2020, this market was expected to grow at a compound annual growth rate (CAGR) of 7.8 percent between 2021 and 2027, to surpass 165 billion dollars by the latter year.

The polyester staple fiber (PSF) prices in the United States for Q3 2024 reached 1335 USD/MT in September. The market faced significant price drops due to unstable raw material costs, lower imports, and weak downstream demand. Throughout the quarter, fluctuations intensified, and seasonal effects contributed to the challenges suppliers faced in stabilizing prices.

The North American Polyester Filament Yarn (PFY) market recorded a marginal 1.0% decline in Q1 2025 compared to the previous quarter, amid ongoing global uncertainties and regional supply chain disruptions. Early in the quarter, prices rose as buyers accelerated purchases in anticipation of proposed 10% tariffs on Chinese imports. Reduced production ahead of the Chinese Lunar New Year also spurred stockpiling amid concerns of potential supply shortages. Severe winter weather disrupted logistics along the East and Gulf Coasts, contributing to short-term supply tightness.

This statistic shows the monthly export price of saturated polyester in the United States from ************ to ************. In ************, the U.S. export price of saturated polyester was ***** U.S. dollars per ton.

Get the latest insights on price movement and trend analysis of Polyester (POY) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

India Textile: Price: Polyester Staple Fibre data was reported at 140.870 INR/kg in Nov 2018. This records an increase from the previous number of 132.020 INR/kg for Oct 2018. India Textile: Price: Polyester Staple Fibre data is updated monthly, averaging 91.500 INR/kg from Jan 2006 (Median) to Nov 2018, with 155 observations. The data reached an all-time high of 155.060 INR/kg in Feb 2013 and a record low of 62.240 INR/kg in Apr 2008. India Textile: Price: Polyester Staple Fibre data remains active status in CEIC and is reported by Ministry of Textile. The data is categorized under India Premium Database’s Textile Sector – Table IN.RSF001: Textile: Price: Textile Items.

In 2024, recycled polyester filament yarn (Re-PFY) and polyester filament yarn (PFY) prices experienced significant fluctuations. After steady increases early in the year, both yarn types saw sharp price drops in March and April. Re-PFY fell from 7,704.81 yuan per metric ton in late February to 7,332.41 yuan per metric ton by late March, while PFY declined from 7,910 yuan per metric ton to 7,652.5 yuan per metric ton during the same period. Although prices peaked in early July, with Re-PFY at 7,707.36 yuan per metric ton and PFY at 8,015 yuan per metric ton, they had declined again by mid-August, with Re-PFY at 7,404.84 yuan per metric ton and PFY at 7,486.11 yuan per metric ton. Despite the weakening raw material prices in July, the polyester filament yarn market maintained stability in the first half of the month, driven by fixed-price policies from leading enterprises. However, by the end of the month, the pressure to reduce inventory and a general decline in raw material costs led to significant price reductions. Promotional pricing strategies by major factories resulted in a sharp drop in PFY prices. Notably, Re-PFY prices mirrored the trends in virgin PFY, showing some weakness.

During Q2 2024, polyester filament yarn (PFY) prices in the USA reached 1,489 USD/MT. The market observed sharp price fluctuations driven by limited non-domestic commodity and rising production activities. Supply chain issues, higher shipping costs, and off-season manufacturing adjustments also contributed to price movements. Consumer spending patterns influenced by economic factors further added to the market's complexity, stabilizing prices despite moderate demand levels.

In Q1 2025, the North American Unsaturated Polyester Resin (UPR) market experienced moderate price fluctuations driven by shifts in raw material costs, logistical dynamics, and varied demand across key downstream sectors. January witnessed a modest uptick in prices due to constrained feedstock availability, particularly for maleic anhydride and phthalic anhydride, as producers faced higher crude oil-linked input costs. Cold weather disruptions in parts of the U.S. also tightened logistics, marginally impacting resin distribution.

Graph and download economic data for Producer Price Index by Industry: Artificial Fibers and Filaments Manufacturing: Polyester Fibers (DISCONTINUED) (PCU32522032522027) from Dec 1989 to Dec 2017 about fiber, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Get the latest insights on price movement and trend analysis of Unsaturated Polyester Resin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

According to Cognitive Market Research, The Global Polyester Fiber market size is USD 100.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 8.80% from 2023 to 2030.

The demand for polyester fibers is rising due to their cost-effectiveness, sustainability, versatility, and wide range of applications and technological advancements.
Demand for Polyester Staple Fiber remains higher in the Polyester Fiber market.
The Apparel category held the highest Polyester Fiber market revenue share in 2023.
North American Polyester Fiber will continue to lead, whereas the Asia Pacific Polyester Fiber market will experience the most substantial growth until 2030.

Growing Demand in Textile Industry to Provide Viable Market Output

One of the key drivers propelling the Polyester Fiber market is the continually growing demand within the textile industry. Polyester fibers, known for their versatility, durability, and cost-effectiveness, are extensively used in the production of textiles, including apparel, home furnishings, and industrial fabrics. The textile sector's increasing reliance on polyester stems from its ability to mimic the characteristics of natural fibers while offering enhanced performance and affordability. The demand for polyester fibres is particularly notable in the fashion and sportswear segments, where the fibres' resistance to wrinkles and moisture, along with their ease of maintenance, make them a preferred choice.

August 2021, Reliance Industries Limited (RIL) will open a new recycled polyester staple fiber (PSF) manufacturing facility in Andhra Pradesh, India, that will double its capacity for recycled PET. This manufacturing facility will increase the company's capacity for post-consumer PET bottles by up to 5 billion.

(Source: timesofindia.indiatimes.com/business/india-business/ril-to-double-recycled-psf-capacity-to-5b-pet-bottles-with-new-unit-in-ap/articleshow/85069665.cms)

Shift Towards Sustainable and Recyclable Fibers to Propel Market Growth

Another significant driver in the Polyester Fiber market is the industry's response to the growing global emphasis on sustainability. Polyester fibers, primarily derived from petrochemical sources, are undergoing transformations to align with eco-friendly practices. The development of recycled polyester (rPET) fibers, made from post-consumer plastic bottles, and the implementation of more sustainable production processes contribute to the market's evolution. As environmental concerns become integral to consumer choices, industries are increasingly adopting sustainable fibers. The recyclability of polyester fibers addresses concerns related to plastic waste and supports circular economy initiatives.

In March 2023, Reliance Industries has completed the acquisition of Sintex Industries. The development occurred a year after banks approved the acquisition and a month after the National Company Law Tribunal (NCLT) approved the transaction.

(Source: economictimes.indiatimes.com/industry/cons-products/garments-/-textiles/reliance-industries-completes-sintex-textiles-acquisition/articleshow/99069122.cms)

Market Dynamics of the Polyester Fiber

Supply Chain Vulnerabilities and Raw Material Price Volatility to Restrict Market Growth

One key restraint impacting the Polyester Fiber market is the vulnerability and volatility within the supply chain, exacerbated by fluctuations in raw material prices. The production of polyester fibres is heavily reliant on petrochemical-based raw materials, especially polyethene terephthalate (PET). The petrochemical industry is susceptible to various external factors, including geopolitical tensions, natural disasters, and global economic uncertainties, leading to disruptions in the supply chain. These disruptions can result in shortages of key raw materials, affecting the overall production capacity of polyester fibres. Additionally, fluctuations in crude oil prices directly impact the cost of raw materials, influencing the operational costs for manufacturers.

Impact of COVID-19 on the Polyester Fiber Market

The COVID-19 pandemic significantly impacted the Polyester Fiber market, causing disruptions across the global supply chain and demand dynamics. The widespread lockdowns and restrictions imposed to curb the virus's spread led to a substantial decline in consumer spending, particularly in the fashion and...

This statistic shows the monthly import price of saturated polyester in the United States from January 2017 to October 2017. In October 2017, the U.S. import price of saturated polyester was ***** U.S. dollars per ton.

As of the third quarter of 2023, the price of poyester staple fibre (***D*38 mm) in Pakistan was ****** U.S. dollars. This was a price increase of ***** percent, compared to ***** U.S. dollars in the third quarter of 2021.

The Polyester Films market report describes that the Polyester Films market was USD 39.8 billion in 2023 and is expected to reach USD 60 Billion by 2032, growing with a CAGR of 5.2%.

China Polyester Fiber: Selling & Distribution Cost: Year to Date data was reported at 2,998.180 RMB mn in Dec 2018. This records an increase from the previous number of 2,718.690 RMB mn for Nov 2018. China Polyester Fiber: Selling & Distribution Cost: Year to Date data is updated monthly, averaging 1,392.365 RMB mn from Jan 2012 (Median) to Dec 2018, with 84 observations. The data reached an all-time high of 3,378.330 RMB mn in Dec 2017 and a record low of 323.097 RMB mn in Feb 2012. China Polyester Fiber: Selling & Distribution Cost: Year to Date data remains active status in CEIC and is reported by China Textile Industry Association. The data is categorized under China Premium Database’s Textile Sector – Table CN.RSC: Textile Industry: Synthetic Fiber: Polyester Fiber.