Other Synthetic Tow and Staple not Carded Market

Other synthetic tow and staple not carded market: enjoy new facts and figures secured by an Ai-driven market intelligence platform. Data provide exports, imports, market prices, trade, market size, companies, consumption, and production. Here is a split by country, including Africa, EU, Russia, Latin America, the U.K., the Middle East, China, and the U.S. Market insights and forecast to 2030 are also provided in the reports.

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Other Synthetic Tow and Staple not Carded - World's Largest Markets

In value terms, China, the United States and Germany appeared to be the countries with the highest levels of market value in 2020, with a combined 33% share of the global market. These countries were followed by France, Japan, India, Mexico, Indonesia, Bangladesh, South Korea, Belgium, Taiwan (Chinese) and Turkey, which together accounted for a further 33%.

France recorded the highest growth rate of market size, among the main consuming countries over the period under review, while market of other synthetic tow and staple not carded, combed or otherwise processed for spinning for the other global leaders experienced more modest paces of growth.

Other Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed For Spinning Prices

Other Synthetic Tow and Staple not Carded, Combed or Otherwise Processed for Spinning - Top Importers

In value terms, China ($268M) constitutes the largest market for imported other synthetic tow and staple not carded, combed or otherwise processed for spinning worldwide, comprising 33% of global imports. The second position in the ranking was occupied by the United States ($59M), with a 7.1% share of global imports. It was followed by Germany, with a 6.5% share.

In China, imports of other synthetic tow and staple not carded, combed or otherwise processed for spinning expanded at an average annual rate of +1.5% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: the United States (+6.0% per year) and Germany (-5.1% per year).

Other Synthetic Tow and Staple not Carded, Combed or Otherwise Processed for Spinning - Top Exporters

In value terms, China ($137M), South Korea ($126M) and Japan ($122M) were the countries with the highest levels of exports in 2020, with a combined 61% share of global exports. Germany, Thailand, the United States and Indonesia lagged somewhat behind, together comprising a further 27%.

Among the main exporting countries, Thailand recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Other Synthetic Tow and Staple not Carded, Combed or Otherwise Processed for Spinning - Market Forecast

Driven by rising demand for other synthetic tow and staple not carded, combed or otherwise processed for spinning worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Other Synthetic Tow and Staple not Carded - Product Coverage

• HS 550190 - Fibres; synthetic filament tow, of synthetic materials n.e.s. in heading no. 5501
• HS 550390 - Fibres; synthetic staple fibres, of synthetic materials n.e.s. in heading no. 5503, not carded, combed or otherwise processed for spinning